CIRCOR International (CIR) Given “Buy” Rating at Stifel Nicolaus
CIRCOR International (NYSE:CIR)‘s stock had its “buy” rating reaffirmed by Stifel Nicolaus in a research report issued on Thursday, Marketbeat.com reports. They currently have a $54.00 price objective on the industrial products company’s stock, down from their previous price objective of $61.00. Stifel Nicolaus’ price objective points to a potential upside of 26.70% from the company’s previous close.
CIR has been the topic of a number of other research reports. ValuEngine lowered CIRCOR International from a “hold” rating to a “sell” rating in a research report on Saturday, February 17th. Zacks Investment Research raised CIRCOR International from a “strong sell” rating to a “buy” rating and set a $55.00 price objective on the stock in a research note on Friday, December 29th. Finally, KeyCorp raised CIRCOR International from a “sector weight” rating to an “overweight” rating and set a $53.00 price objective on the stock in a research note on Monday, November 6th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $59.50.
Shares of CIRCOR International (NYSE CIR) opened at $42.62 on Thursday. CIRCOR International has a 52-week low of $41.50 and a 52-week high of $68.76. The company has a market capitalization of $852.69, a PE ratio of 58.38 and a beta of 1.67. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.98 and a quick ratio of 1.85.
Several large investors have recently made changes to their positions in CIR. California Public Employees Retirement System lifted its stake in shares of CIRCOR International by 2.3% in the 2nd quarter. California Public Employees Retirement System now owns 13,600 shares of the industrial products company’s stock valued at $808,000 after purchasing an additional 300 shares during the period. Municipal Employees Retirement System of Michigan raised its stake in CIRCOR International by 59.9% during the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 6,190 shares of the industrial products company’s stock worth $337,000 after buying an additional 2,320 shares during the period. SG Americas Securities LLC acquired a new position in CIRCOR International during the 3rd quarter worth approximately $121,000. Gabelli Funds LLC raised its stake in CIRCOR International by 1.5% during the 4th quarter. Gabelli Funds LLC now owns 964,730 shares of the industrial products company’s stock worth $46,963,000 after buying an additional 14,230 shares during the period. Finally, Teton Advisors Inc. raised its stake in CIRCOR International by 1.1% during the 4th quarter. Teton Advisors Inc. now owns 183,600 shares of the industrial products company’s stock worth $8,938,000 after buying an additional 2,000 shares during the period.
TRADEMARK VIOLATION WARNING: This piece of content was first posted by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/circor-international-cir-given-buy-rating-at-stifel-nicolaus/1904492.html.
About CIRCOR International
CIRCOR International, Inc (CIRCOR) designs, manufactures and markets engineered products and sub-systems for markets, including oil and gas, aerospace, power and process, and industrial solutions. The Company operates through two segments: CIRCOR Energy (Energy segment (Energy)) and CIRCOR Advanced Flow Solutions (Advanced Flow Solutions segment (AFS)).
Receive News & Ratings for CIRCOR International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CIRCOR International and related companies with MarketBeat.com's FREE daily email newsletter.