Dover (DOV) Is At $100.46 Formed Wedge; 11 Analysts Covering TransCanada (TRP)

Dover Corporation (DOV) formed wedge up with $109.50 target or 9.00% above today’s $100.46 share price. Dover Corporation (DOV) has $15.65 billion valuation. The stock decreased 0.40% or $0.4 during the last trading session, reaching $100.46. About 605,094 shares traded. Dover Corporation (NYSE:DOV) has risen 29.68% since December 25, 2016 and is uptrending. It has outperformed by 12.98% the S&P500.

Among 13 analysts covering TransCanada Corporation (NYSE:TRP), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. TransCanada Corporation had 22 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Hold” rating by Zacks on Thursday, August 6. The stock of TransCanada Corporation (NYSE:TRP) has “Equal-Weight” rating given on Monday, May 2 by Barclays Capital. RBC Capital Markets maintained TransCanada Corporation (NYSE:TRP) rating on Wednesday, November 4. RBC Capital Markets has “Outperform” rating and $58 target. The company was upgraded on Thursday, March 31 by Citigroup. BMO Capital Markets maintained the stock with “Outperform” rating in Monday, July 31 report. The firm has “Neutral” rating given on Friday, September 11 by Goldman Sachs. As per Friday, November 17, the company rating was maintained by Morgan Stanley. On Monday, December 7 the stock rating was upgraded by IBC to “Sector Outperform”. As per Wednesday, December 2, the company rating was upgraded by Macquarie Research. The stock of TransCanada Corporation (NYSE:TRP) earned “Buy” rating by Goldman Sachs on Wednesday, July 20. See TransCanada Corporation (NYSE:TRP) latest ratings:

17/11/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $53 New Target: $54 Maintain
22/09/2017 Broker: Morgan Stanley Rating: Equal-Weight New Target: $53 Initiates Coverage On
31/07/2017 Broker: BMO Capital Markets Rating: Outperform Old Target: $72 New Target: $73 Maintain

Analysts await Dover Corporation (NYSE:DOV) to report earnings on January, 25. They expect $1.04 EPS, up 46.48% or $0.33 from last year’s $0.71 per share. DOV’s profit will be $162.03 million for 24.15 P/E if the $1.04 EPS becomes a reality. After $1.16 actual EPS reported by Dover Corporation for the previous quarter, Wall Street now forecasts -10.34% negative EPS growth.

Investors sentiment increased to 1.04 in Q3 2017. Its up 0.13, from 0.91 in 2017Q2. It increased, as 33 investors sold Dover Corporation shares while 190 reduced holdings. 76 funds opened positions while 157 raised stakes. 130.20 million shares or 1.96% less from 132.81 million shares in 2017Q2 were reported. Nomura Holdg Incorporated has 30,139 shares. Utd Fincl Advisers Lc holds 0% in Dover Corporation (NYSE:DOV) or 2,809 shares. Price T Rowe Assoc Md invested 0% of its portfolio in Dover Corporation (NYSE:DOV). Nuveen Asset Mngmt Ltd Liability Com invested in 0.02% or 25,418 shares. Texas Yale Cap owns 12,555 shares for 0.1% of their portfolio. Manchester Cap Mgmt Ltd Co invested 0.01% of its portfolio in Dover Corporation (NYSE:DOV). Bank Of America De invested in 0.09% or 6.09M shares. 7,545 are owned by Robeco Institutional Asset Bv. 93,065 are held by Amp Cap Invsts Limited. Court Place Advsr has 14,979 shares for 0.61% of their portfolio. Wolverine Asset Management Ltd Liability Com holds 17,566 shares. Bb&T Secs Ltd Liability Com holds 0.01% or 6,665 shares in its portfolio. Liberty Mutual Grp Inc Asset stated it has 0.03% of its portfolio in Dover Corporation (NYSE:DOV). Public Employees Retirement Association Of Colorado has invested 0.02% in Dover Corporation (NYSE:DOV). Verition Fund Management Limited Co accumulated 13,072 shares.

Since August 4, 2017, it had 0 buys, and 5 selling transactions for $8.01 million activity. On Thursday, October 26 the insider STUBBS MICHAEL B sold $818,048. 6,554 Dover Corporation (NYSE:DOV) shares with value of $624,203 were sold by Spurgeon William. 4,400 shares were sold by Goldberg Paul, worth $419,100.

Among 23 analysts covering Dover (NYSE:DOV), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Dover had 81 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Dover Corporation (NYSE:DOV) earned “Outperform” rating by Robert W. Baird on Wednesday, June 8. Citigroup maintained Dover Corporation (NYSE:DOV) on Wednesday, June 8 with “Neutral” rating. As per Wednesday, August 26, the company rating was upgraded by Vertical Research. On Tuesday, January 3 the stock rating was upgraded by Vertical Research to “Buy”. The company was maintained on Thursday, July 20 by BMO Capital Markets. Robert W. Baird maintained it with “Buy” rating and $95.0 target in Tuesday, September 12 report. RBC Capital Markets maintained the shares of DOV in report on Wednesday, October 11 with “Hold” rating. The stock of Dover Corporation (NYSE:DOV) earned “Neutral” rating by Susquehanna on Friday, October 7. Stifel Nicolaus maintained the stock with “Hold” rating in Sunday, December 10 report. As per Wednesday, March 16, the company rating was maintained by Citigroup.