RBC Capital Reaffirms Their Buy Rating on Ecolab (ECL)
In a report released on June 10, Ashish Sabadra from RBC Capital maintained a Buy rating on Ecolab (ECL – Research Report), with a price target of $294.00. The company's shares closed yesterday at $267.94.
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Sabadra covers the Industrials sector, focusing on stocks such as APi Group, Equifax, and Automatic Data Processing. According to TipRanks, Sabadra has an average return of 6.0% and a 62.45% success rate on recommended stocks.
Ecolab has an analyst consensus of Moderate Buy, with a price target consensus of $281.00.
The company has a one-year high of $273.69 and a one-year low of $220.96. Currently, Ecolab has an average volume of 1.39M.
Based on the recent corporate insider activity of 123 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ECL in relation to earlier this year. Last month, Cook Gregory B, the EVP & PRES – INST GROUP of ECL sold 2,234.00 shares for a total of $565,202.00.
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