Stifel Nicolaus Raises CIRCOR International (NYSE:CIR) Price Target to $40.00

CIRCOR International (NYSE:CIR – Get Rating) had its price objective lifted by Stifel Nicolaus from $30.00 to $40.00 in a research report released on Thursday, Benzinga reports. The firm currently has a buy rating on the industrial products company’s stock.

Several other brokerages also recently weighed in on CIR. Citigroup upped their price objective on CIRCOR International from $26.00 to $28.00 and gave the stock a neutral rating in a research report on Friday, December 9th. StockNews.com raised CIRCOR International from a buy rating to a strong-buy rating in a research note on Friday, March 10th.

CIRCOR International Price Performance

Shares of CIR stock opened at $29.43 on Thursday. The company has a quick ratio of 1.51, a current ratio of 2.22 and a debt-to-equity ratio of 3.12. CIRCOR International has a twelve month low of $13.26 and a twelve month high of $32.02. The company has a market cap of $599.19 million, a P/E ratio of 31.31 and a beta of 2.17. The business has a fifty day simple moving average of $26.99 and a 200 day simple moving average of $23.04.

Institutional Trading of CIRCOR International

Hedge funds have recently bought and sold shares of the business. US Bancorp DE lifted its holdings in CIRCOR International by 453.7% during the third quarter. US Bancorp DE now owns 2,752 shares of the industrial products company’s stock worth $45,000 after acquiring an additional 2,255 shares during the period. Mutual of America Capital Management LLC lifted its holdings in CIRCOR International by 19.1% during the third quarter. Mutual of America Capital Management LLC now owns 4,051 shares of the industrial products company’s stock worth $67,000 after acquiring an additional 649 shares during the period. Quantbot Technologies LP lifted its holdings in CIRCOR International by 145.6% during the third quarter. Quantbot Technologies LP now owns 5,373 shares of the industrial products company’s stock worth $88,000 after acquiring an additional 3,185 shares during the period. Teachers Retirement System of The State of Kentucky bought a new stake in CIRCOR International during the third quarter worth $99,000. Finally, BNP Paribas Arbitrage SNC lifted its holdings in CIRCOR International by 52.4% during the third quarter. BNP Paribas Arbitrage SNC now owns 8,910 shares of the industrial products company’s stock worth $147,000 after acquiring an additional 3,062 shares during the period. 94.75% of the stock is currently owned by institutional investors.

CIRCOR International Company Profile

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CIRCOR International, Inc engages in the provision of mission-critical flow control products and services for the Industrial and Aerospace & Defense markets. It operates through the following segments: Aerospace & Defense, and Industrial. The Aerospace and Defense segment is a diversified flow control technology platform.