Pentair (PNR) Stock Forecast & Price Target

$93.48

-0.43 (-0.46%)

(As of 09/18/2024 ET)

Pentair - 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 15 Analyst Ratings

Based on 15 Wall Street analysts who have issued ratings for Pentair in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 5 have given a hold rating, and 10 have given a buy rating for PNR.

Consensus Price Target

$92.87
-0.66% Downside

High Forecast	$101.00
Average Forecast	$92.87
Low Forecast	$70.00

According to the 15 analysts' twelve-month price targets for Pentair, the average price target is $92.87. The highest price target for PNR is $101.00, while the lowest price target for PNR is $70.00. The average price target represents a forecasted downside of -0.66% from the current price of $93.48.

Type	Current Forecast 9/19/23 to 9/18/24	1 Month Ago 8/20/23 to 8/19/24	3 Months Ago 6/21/23 to 6/20/24	1 Year Ago 9/19/22 to 9/19/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	10 Buy rating(s)	12 Buy rating(s)	11 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$92.87	$92.87	$89.93	$69.20
Forecasted Upside	-0.66% Downside	14.55% Upside	17.20% Upside	18.49% Upside

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PNR 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.

PNR 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.

Pentair Stock vs. The Competition

Type	Pentair	Industrial Products Companies	S&P 500
Consensus Rating Score	2.67	2.56	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-0.66% Downside	43.55% Upside	7.94% Upside
News Sentiment Rating	Positive 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
7/24/2024	The Goldman Sachs Group 2 of 5 stars		Boost Target	Neutral ➝ Neutral	$85.00 ➝ $93.00	+7.98%
7/24/2024	Royal Bank of Canada 4 of 5 stars		Boost Target	Outperform ➝ Outperform	$99.00 ➝ $101.00	+17.26%
7/24/2024	Barclays 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$90.00 ➝ $96.00	+11.02%
7/24/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$90.00 ➝ $98.00	+13.33%
7/24/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$100.00 ➝ $101.00	+17.07%
7/24/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$92.00 ➝ $98.00	+12.39%
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7/24/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$92.00 ➝ $97.00	+11.24%
7/19/2024	Northcoast Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Connors Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
4/24/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$80.00 ➝ $85.00	+8.14%
4/24/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$83.00 ➝ $91.00	+16.01%
4/8/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$85.00 ➝ $101.00	+21.23%
3/12/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$86.00	+5.85%
3/7/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$82.00 ➝ $100.00	+26.31%
1/11/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral	$46.00 ➝ $76.00	+7.44%
10/25/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$72.00 ➝ $70.00	+21.46%
8/7/2023	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Graham Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
2/24/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$60.00 ➝ $65.00	+17.92%
2/1/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight	$41.00 ➝ $49.00	-12.22%
2/1/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$70.00 ➝ $75.00	+34.38%
2/1/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$48.00 ➝ $61.00	+10.15%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:54 PM ET.

PNR Forecast - Frequently Asked Questions

What is Pentair's forecast for 2024?: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Pentair is $92.87, with a high forecast of $101.00 and a low forecast of $70.00.
Should I buy or sell Pentair stock right now?: 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pentair in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PNR shares.
Does Pentair's stock price have much upside?: According to analysts, Pentair's stock has a predicted upside of 14.55% based on their 12-month stock forecasts.
Has Pentair been downgraded by Wall Street analysts recently?: Over the previous 90 days, Pentair's stock had 1 downgrade by analysts.
What analysts cover Pentair?: Pentair has been rated by research analysts at Barclays, Deutsche Bank Aktiengesellschaft, KeyCorp, Northcoast Research, Oppenheimer, Royal Bank of Canada, Stifel Nicolaus, and The Goldman Sachs Group in the past 90 days.
Do Wall Street analysts like Pentair more than its competitors?: Analysts like Pentair more than other "industrials" companies. The consensus rating score for Pentair is 2.67 while the average consensus rating score for "industrials" companies is 2.65. Learn more on how PNR compares to other companies.