Parker-Hannifin stock: Bernstein keeps Buy rating at 1,218 US dollars

Published on 11/12/2026 at 16:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Parker-Hannifin stock gets a fresh analyst signal from Bernstein after its latest quarterly report. The firm kept its Buy rating.

Fresh Analyst View On Parker-Hannifin

Bernstein maintained its Buy rating and set a 1,218 US dollar price target.
The latest quarterly figures showed higher revenue and net income than a year earlier.
The analyst update is separate from Parker-Hannifin's own operating outlook.

Parker-Hannifin, US7010941042, Illustration mit AI erstellt.

Bernstein maintained its Buy rating on Parker-Hannifin and set a 1,218 US dollar price target in a report released on Wednesday, November 11. Markets Insider, citing TipRanks, said the rating was maintained by Bernstein analyst Varun Govindaraj.

Bernstein Keeps Buy Rating

The analyst view adds to a series of recent broker updates for the industrial technology group. Bernstein's target is an analyst valuation, not a new forecast from Parker-Hannifin management.

The report also cited Parker-Hannifin's quarter ended September 30. Revenue reached 5.99 billion US dollars, compared with 5.08 billion US dollars a year earlier. Net income was 884 million US dollars, up from 808 million US dollars in the prior-year quarter.

Operating Outlook Remains In Focus

Investors are weighing the latest quarterly performance alongside the company's fiscal 2027 outlook and recent conference appearances. The analyst update provides a fresh reference point for valuation, while the underlying operating figures remain central to the investment case.

Parker-Hannifin stock traded at 869.80 euros on Lang & Schwarz at 16:34 CET on Thursday, November 12, 2026.