Dover (DOV) Stock Forecast & Price Target

$195.00 +0.52 (+0.27%)

As of 01/17/2025 03:59 PM Eastern

Dover - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 12 Analyst Ratings

Sell
0

Hold
4

Buy
8

Based on 12 Wall Street analysts who have issued ratings for Dover in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 4 have given a hold rating, and 8 have given a buy rating for DOV.

Consensus Price Target

$212.55
9.00% Upside

According to the 12 analysts' twelve-month price targets for Dover, the average price target is $212.55. The highest price target for DOV is $227.00, while the lowest price target for DOV is $193.00. The average price target represents a forecasted upside of 9.00% from the current price of $195.00.

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DOV Analyst Ratings Over Time

Type	Current Forecast 1/21/24 to 1/20/25	1 Month Ago 12/22/23 to 12/21/24	3 Months Ago 10/23/23 to 10/22/24	1 Year Ago 1/21/23 to 1/21/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	6 Buy rating(s)	7 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$212.55	$213.91	$198.75	$163.92
Forecasted Upside	9.00% Upside	13.02% Upside	3.84% Upside	10.69% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

DOV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

DOV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Dover Stock vs. The Competition

Type	Dover	Industrial Products Companies	S&P 500
Consensus Rating Score	2.67	2.58	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	9.00% Upside	44.10% Upside	12.44% Upside
News Sentiment Rating	Neutral News See Recent DOV News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/15/2025	JPMorgan Chase & Co. 3 of 5 stars	Stephen Tusa Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$212.00 ➝ $208.00	+10.09%
1/13/2025	Citigroup 3 of 5 stars	Andrew Kaplowitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$236.00 ➝ $222.00	+19.94%
1/7/2025	Wells Fargo & Company 3 of 5 stars		Lower Target	Equal Weight ➝ Equal Weight	$205.00 ➝ $200.00	+6.58%
12/12/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$202.00 ➝ $223.00	+10.60%
12/5/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$190.00 ➝ $205.00	+1.40%
11/13/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Mehrotra Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$217.00	+7.23%
10/28/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	N. Coe Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform	$227.00	+21.40%
10/17/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$200.00 ➝ $220.00	+14.11%
10/16/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$210.00 ➝ $215.00	+12.40%
7/26/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	$192.00 ➝ $193.00	+2.99%
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7/22/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$208.00 ➝ $208.00	+14.85%
2/5/2024	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Liptak Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy
4/12/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$147.00 ➝ $145.00	-1.31%
4/11/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$180.00 ➝ $200.00	+36.40%
3/9/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform	$174.00	+15.93%
2/1/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$144.00 ➝ $152.00	-1.54%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 11:49 AM ET.

Should I Buy Dover Stock? DOV Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, January 20, 2025. Please send any questions or comments about these Dover pros and cons to contact@marketbeat.com.

Dover
Bull Case

Here are some ways that investors could benefit from investing in Dover Co.:

Dover Co. has a strong dividend yield of 1.06%, which can provide a steady income stream for investors. The company recently issued a quarterly dividend of $0.515 per share, reflecting its commitment to returning value to shareholders.
Analysts have set optimistic price targets for Dover Co., with recent upgrades from firms like Goldman Sachs and Mizuho, indicating a potential for significant price appreciation. The average target price is currently $212.55, suggesting room for growth from the current stock price.
The company has a low dividend payout ratio of 18.43%, indicating that it retains a significant portion of its earnings for reinvestment. This can be a positive sign for future growth and stability.
Dover Co. has received multiple "buy" ratings from analysts, with a consensus rating of "Moderate Buy." This reflects a generally positive outlook from market experts, which can instill confidence in potential investors.
Institutional investors hold a substantial 84.46% of Dover Co.'s stock, suggesting strong confidence from large financial entities in the company's performance and future prospects.

Dover
Bear Case

Investors should be bearish about investing in Dover Co. for these reasons:

Despite the positive outlook, Wells Fargo recently downgraded its price target for Dover Co. from $205.00 to $200.00, indicating some analysts may have concerns about the stock's near-term performance.
The stock has experienced fluctuations in price targets, with Citigroup reducing its target from $236.00 to $222.00. Such adjustments can signal uncertainty in the market regarding the company's growth trajectory.
While the dividend payout ratio is low, it may also suggest that the company is not fully utilizing its earnings to reward shareholders, which could be a concern for income-focused investors.
Five research analysts have rated the stock with a hold rating, which may indicate that there are mixed feelings about the stock's potential, suggesting caution for new investors.
Recent market volatility could impact investor sentiment and stock performance, making it a riskier investment in the current economic climate.

DOV Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Dover is $212.55, with a high forecast of $227.00 and a low forecast of $193.00.
: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dover in the last twelve months. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DOV shares.
: According to analysts, Dover's stock has a predicted upside of 9.00% based on their 12-month stock forecasts.
: Over the previous 90 days, Dover's stock had 1 upgrade by analysts.
: Dover has been rated by research analysts at Barclays, Citigroup, JPMorgan Chase & Co., The Goldman Sachs Group, UBS Group, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like Dover more than other "industrial products" companies. The consensus rating score for Dover is 2.67 while the average consensus rating score for "industrial products" companies is 2.58. Learn more on how DOV compares to other companies.

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This page (NYSE:DOV) was last updated on 1/20/2025 by MarketBeat.com Staff

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Dover (DOV) Stock Forecast & Price Target