Ecolab (ECL) Stock Forecast & Price Target

$254.26

-0.59 (-0.23%)

(As of 09/24/2024 ET)

Ecolab - Analysts' Recommendations and Stock Price Forecast (2024)

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 16 Analyst Ratings

Sell
0

Hold
6

Buy
10

Based on 16 Wall Street analysts who have issued ratings for Ecolab in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 6 have given a hold rating, 9 have given a buy rating, and 1 has given a strong buy rating for ECL.

Consensus Price Target

$262.21
3.13% Upside

According to the 16 analysts' twelve-month price targets for Ecolab, the average price target is $262.21. The highest price target for ECL is $306.00, while the lowest price target for ECL is $228.00. The average price target represents a forecasted upside of 3.13% from the current price of $254.26.

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ECL Analyst Ratings Over Time

Type	Current Forecast 9/26/23 to 9/25/24	1 Month Ago 8/27/23 to 8/26/24	3 Months Ago 6/28/23 to 6/27/24	1 Year Ago 9/26/22 to 9/26/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	9 Buy rating(s)	7 Buy rating(s)	5 Buy rating(s)
Hold	6 Hold rating(s)	7 Hold rating(s)	11 Hold rating(s)	10 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$262.21	$250.00	$239.56	$193.93
Forecasted Upside	3.13% Upside	1.19% Upside	0.04% Upside	14.79% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Hold

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ECL 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.

ECL 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.

Ecolab Stock vs. The Competition

Type	Ecolab	Basic Materials Companies	S&P 500
Consensus Rating Score	2.69	2.73	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	3.13% Upside	174.58% Upside	6.80% Upside
News Sentiment Rating	Positive News See Recent ECL News	Neutral 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
9/16/2024	Royal Bank of Canada 4 of 5 stars		Boost Target	Outperform ➝ Outperform	$260.00 ➝ $306.00	+21.21%
8/15/2024	UBS Group 4 of 5 stars		Lower Target	Buy ➝ Buy	$288.00 ➝ $276.00	+15.25%
8/13/2024	Wells Fargo & Company 3 of 5 stars	J. Haas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/31/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$225.00 ➝ $228.00	-1.58%
7/31/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$243.00 ➝ $267.00	+16.67%
7/31/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$251.00 ➝ $272.00	+18.85%
Get the Latest News and Ratings for ECL and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Ecolab and its competitors with MarketBeat's FREE daily newsletter.
7/31/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Cunningham Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$267.00 ➝ $265.00	+15.79%
7/8/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$233.00 ➝ $283.00	+18.81%
5/1/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$227.00 ➝ $234.00	+4.08%
4/12/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$216.00 ➝ $260.00	+17.78%
4/3/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$230.00 ➝ $250.00	+9.62%
4/3/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$260.00	+14.29%
3/27/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$230.00 ➝ $240.00	+4.34%
3/1/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Peer Perform
2/28/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$225.00 ➝ $260.00	+17.07%
1/8/2024	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Harrison Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
9/20/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$170.00 ➝ $195.00	+10.60%
9/1/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$180.00	-2.07%
7/5/2023	Northcoast Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
5/3/2023	VNET Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
5/3/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$164.00 ➝ $182.00	+2.64%
11/7/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	John Roberts CFA Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	$175.00 ➝ $170.00	+26.16%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:26 AM ET.

Should I Buy Ecolab Stock? ECL 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, September 23, 2024. Please send any questions or comments about these Ecolab pros and cons to contact@marketbeat.com.

Ecolab
Bull Case

Here are some ways that investors could benefit from investing in Ecolab Inc.:

Ecolab Inc. stock price has shown a 1.7% increase, reaching $249.19 on September 23, 2024, indicating positive market sentiment.
Ecolab Inc. has received multiple upgraded ratings from analysts, including a "buy" and "strong-buy" rating, with price targets above the current stock price, suggesting growth potential.
Insider transactions show confidence in the company, with a director acquiring shares at an average price higher than the current market price, signaling belief in future performance.
Ecolab Inc. operates in essential sectors like water, hygiene, and infection prevention solutions, which are fundamental needs across industries, providing stability and demand for its services.
The company has a diverse global presence across industrial, institutional, specialty, healthcare, and life sciences segments, reducing dependency on any single market.

Ecolab
Bear Case

Investors should be bearish about investing in Ecolab Inc. for these reasons:

Despite positive analyst ratings, there is always a level of risk associated with investing in any stock, including Ecolab Inc., due to market volatility and unforeseen events.
Recent insider transactions, such as an executive selling shares, could be interpreted as profit-taking or lack of long-term confidence in the company's performance.
While Ecolab Inc. operates in essential sectors, economic downturns or shifts in consumer behavior could impact demand for its products and services, affecting financial performance.
Competitive pressures within the industry could lead to pricing wars or loss of market share, impacting Ecolab Inc.'s revenue and profitability.
External factors like regulatory changes, geopolitical tensions, or natural disasters could disrupt Ecolab Inc.'s operations and supply chain, affecting its financial stability.

ECL Forecast - Frequently Asked Questions

: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Ecolab is $262.21, with a high forecast of $306.00 and a low forecast of $228.00.
: 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ecolab in the last twelve months. There are currently 6 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ECL shares.
: According to analysts, Ecolab's stock has a predicted upside of 3.13% based on their 12-month stock forecasts.
: Over the previous 90 days, Ecolab's stock had 4 upgrades by analysts.
: Ecolab has been rated by research analysts at Bank of America, Citigroup, JPMorgan Chase & Co., Robert W. Baird, Royal Bank of Canada, Stifel Nicolaus, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Ecolab less than other "basic materials" companies. The consensus rating score for Ecolab is 2.69 while the average consensus rating score for "basic materials" companies is 2.73. Learn more on how ECL compares to other companies.

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This page (NYSE:ECL) was last updated on 9/25/2024 by MarketBeat.com Staff

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