Morgan Stanley has initiated coverage on Parker Hannifin (PH, Financial) as of June 5, 2025. The leading global analytical firm, under the guidance of analyst Joshua Pokrzywinski, has set an "Equal-Weight" rating for the company, signaling a neutral stance on its current performance and market position.
In addition to the coverage initiation, Morgan Stanley has announced a price target of USD 700.00 for Parker Hannifin (PH, Financial). This is the first price target issued by the firm for Parker Hannifin, and it reflects their valuation and expectations for the stock in the near term.
Investors and market observers keen on Parker Hannifin (PH, Financial) should note this new coverage and price target as it can have implications for the stock's performance and investor sentiment in the coming months.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Parker Hannifin Corp (PH, Financial) is $714.30 with a high estimate of $824.00 and a low estimate of $529.34. The average target implies an upside of 7.12% from the current price of $666.82. More detailed estimate data can be found on the Parker Hannifin Corp (PH) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Parker Hannifin Corp's (PH, 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 Parker Hannifin Corp (PH, Financial) in one year is $455.99, suggesting a downside of 31.62% from the current price of $666.82. 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 Parker Hannifin Corp (PH) Summary page.
