Ecolab (ECL) Stock Forecast & Price Target

$252.59

+3.54 (+1.42%)

(As of 10/8/2024 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, and 10 have given a buy rating for ECL.

Consensus Price Target

$269.07
6.52% Upside

According to the 16 analysts' twelve-month price targets for Ecolab, the average price target is $269.07. 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 6.52% from the current price of $252.59.

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ECL Analyst Ratings Over Time

Type	Current Forecast 10/10/23 to 10/9/24	1 Month Ago 9/10/23 to 9/9/24	3 Months Ago 7/12/23 to 7/11/24	1 Year Ago 10/10/22 to 10/10/23
Strong Buy	0 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	9 Buy rating(s)	8 Buy rating(s)	5 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	9 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	$269.07	$254.67	$243.44	$192.60
Forecasted Upside	6.52% Upside	2.20% Upside	-0.43% Downside	13.88% 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	2.63	2.74	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	6.52% Upside	126.06% Upside	7.93% 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
10/7/2024	Wells Fargo & Company 3 of 5 stars	J. Haas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$270.00 ➝ $295.00	+18.47%
9/30/2024	BMO Capital Markets 4 of 5 stars		Boost Target	Market Perform ➝ Market Perform	$234.00 ➝ $260.00	+2.77%
9/26/2024	Piper Sandler 2 of 5 stars		Boost Target	Overweight ➝ Overweight	$270.00 ➝ $305.00	+19.69%
9/16/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$260.00 ➝ $306.00	+21.21%
8/15/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$288.00 ➝ $276.00	+15.25%
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%
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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%
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%
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%
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 07:15 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 Tuesday, October 1, 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 is currently at $254.59, showing stability and potential for growth in the market.
Recent analyst ratings have been positive, with multiple analysts upgrading the stock to "buy" and "outperform" ratings.
Ecolab Inc. provides essential water, hygiene, and infection prevention solutions, which are in high demand globally, especially in the current health-conscious environment.
Institutional investors and hedge funds own a significant portion of Ecolab Inc.'s stock, indicating confidence in the company's performance and future prospects.
The company operates through three diverse segments, Global Industrial, Global Institutional & Specialty, and Global Healthcare & Life Sciences, providing a well-rounded portfolio for investors.

Ecolab
Bear Case

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

Despite positive analyst ratings, there are still some hold ratings on the stock, indicating potential uncertainties in the company's future performance.
While Ecolab Inc. operates in essential sectors, economic downturns or shifts in consumer behavior could impact the demand for its products and services.
There is a small percentage (0.04%) of the stock owned by company insiders, which may raise questions about insider confidence in the company's growth potential.
Recent fluctuations in the stock price, such as the 0.5% decrease, could indicate volatility in the market and pose risks for short-term investors.
Competitive pressures in the industry could impact Ecolab Inc.'s market share and profitability, leading to challenges in maintaining growth rates.

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 $269.07, with a high forecast of $306.00 and a low forecast of $228.00.
: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ecolab in the last year. There are currently 6 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ECL shares.
: According to analysts, Ecolab's stock has a predicted upside of 6.52% based on their 12-month stock forecasts.
: Over the previous 90 days, Ecolab's stock had 3 upgrades by analysts.
: Ecolab has been rated by research analysts at Bank of America, BMO Capital Markets, Citigroup, JPMorgan Chase & Co., Piper Sandler, Robert W. Baird, Royal Bank of Canada, 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 2.63 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 10/9/2024 by MarketBeat.com Staff

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