CIRCOR International (NYSE:CIR) Price Target Increased to $29.00 by Analysts at KeyCorp

CIRCOR International (NYSE:CIRGet Rating) had its price target raised by stock analysts at KeyCorp from $27.00 to $29.00 in a research report issued to clients and investors on Tuesday, Stock Target Advisor reports. The brokerage presently has an “overweight” rating on the industrial products company’s stock. KeyCorp’s price objective indicates a potential upside of 16.47% from the company’s current price.

Other research analysts also recently issued research reports about the stock. Citigroup upped their price target on shares of CIRCOR International from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, August 18th. StockNews.com downgraded shares of CIRCOR International from a “buy” rating to a “hold” rating in a research report on Saturday. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $28.67.

CIRCOR International Stock Up 14.9 %

Shares of NYSE CIR opened at $24.90 on Tuesday. The firm’s 50-day simple moving average is $17.97 and its 200 day simple moving average is $17.68. The company has a market cap of $507.04 million, a price-to-earnings ratio of -11.27 and a beta of 2.13. The company has a quick ratio of 1.41, a current ratio of 2.12 and a debt-to-equity ratio of 5.03. CIRCOR International has a 12-month low of $13.26 and a 12-month high of $34.11.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. US Bancorp DE lifted its position in CIRCOR International by 453.7% during the 3rd quarter. US Bancorp DE now owns 2,752 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 2,255 shares during the period. Mutual of America Capital Management LLC increased its stake in shares of CIRCOR International by 19.1% in the 3rd quarter. Mutual of America Capital Management LLC now owns 4,051 shares of the industrial products company’s stock valued at $67,000 after acquiring an additional 649 shares during the last quarter. Quantbot Technologies LP increased its stake in shares of CIRCOR International by 145.6% in the 3rd quarter. Quantbot Technologies LP now owns 5,373 shares of the industrial products company’s stock valued at $88,000 after acquiring an additional 3,185 shares during the last quarter. State of Tennessee Treasury Department increased its stake in shares of CIRCOR International by 17.9% in the 1st quarter. State of Tennessee Treasury Department now owns 7,594 shares of the industrial products company’s stock valued at $202,000 after acquiring an additional 1,151 shares during the last quarter. Finally, Credit Suisse AG increased its stake in shares of CIRCOR International by 10.0% in the 2nd quarter. Credit Suisse AG now owns 14,690 shares of the industrial products company’s stock valued at $241,000 after acquiring an additional 1,335 shares during the last quarter. 94.50% of the stock is currently owned by institutional investors and hedge funds.

About CIRCOR International

(Get Rating)

CIRCOR International, Inc designs, manufactures, and distributes flow and motion control products in Europe, the Middle East, Africa, North America, and internationally. The company has a product portfolio of brands serving its customers' demanding applications. It operates through two segments, Aerospace & Defense and Industrial.

See Also

Stock Target Advisor logo

Receive News & Ratings for CIRCOR International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CIRCOR International and related companies with MarketBeat.com's FREE daily email newsletter.