Analysts fell to the sidelines weighing in on Parker Hannifin (NYSE: PH) and Hovnanian Enterprises Inc (NYSE: HOV) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.
Parker Hannifin (NYSE: PH)
Jefferies analyst Sho Fukuhara reiterated a Hold rating on Parker Hannifin (NYSE: PH) today. The company’s shares opened today at $119.88, close to its 52-week high of $125.
According to TipRanks.com, Fukuhara is ranked #2972 out of 4124 analysts.
Parker Hannifin has an analyst consensus of Hold, with a price target consensus of $127.
Hovnanian Enterprises Inc (NYSE: HOV)
MKM Partners analyst Megan McGrath reiterated a Hold rating on Hovnanian Enterprises Inc (NYSE: HOV) today and set a price target of $1.75. The company’s shares opened today at $1.70.
McGrath noted, “We maintain our Neutral rating on HOV, as the company is trading near our fair value estimate of $1.75.”
According to TipRanks.com, McGrath is a 3-star analyst with an average return of 1.1% and a 47.9% success rate. McGrath covers the Industrial Goods sector, focusing on stocks such as Calatlantic Group, Owens Corning, and Toll Brothers.
Hovnanian Enterprises Inc has an analyst consensus of Hold.