Dover Corporation (DOV, Financial) has extended its collaboration with Bottomline through a worldwide partnership agreement focusing on the BX platform, a sophisticated tool for supply chain optimization. Previously successful in Europe since 2023, this partnership now aims to assist fuel retailers across the globe. The BX platform is designed to manage and streamline the entire delivery process from depot to tank. By utilizing advanced algorithms, it offers real-time solutions for operational issues, optimizes delivery routes, and forecasts inventory needs, thereby enhancing cost efficiency for clients at every stage.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Dover Corp (DOV, Financial) is $202.89 with a high estimate of $230.00 and a low estimate of $169.21. The average target implies an upside of 8.46% from the current price of $187.07. More detailed estimate data can be found on the Dover Corp (DOV) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Dover Corp's (DOV, Financial) average brokerage recommendation is currently 2.2, 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 Dover Corp (DOV, Financial) in one year is $161.43, suggesting a downside of 13.71% from the current price of $187.07. 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 Dover Corp (DOV) Summary page.
