In a recent update, Baird has adjusted its price target for Pentair (PNR, Financial), reducing it from $114 to $107. Despite this revision, Baird maintains an 'Outperform' rating on the company's stock. This decision comes after a thorough review of Pentair's first-quarter performance, which indicated continued strong operational execution. The adjustments reflect Baird's latest analysis as it seeks to align expectations with the company's current market dynamics.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Pentair PLC (PNR, Financial) is $101.42 with a high estimate of $115.00 and a low estimate of $74.00. The average target implies an upside of 17.60% from the current price of $86.24. More detailed estimate data can be found on the Pentair PLC (PNR) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Pentair PLC's (PNR, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Pentair PLC (PNR, Financial) in one year is $64.44, suggesting a downside of 25.28% from the current price of $86.24. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Pentair PLC (PNR) Summary page.
