Trader’s Alert: 3M Co NYSE:MMM), United Technologies Corporation (NYSE:UTX), Danaher Corporation (NYSE:DHR), Ingersoll-Rand PLC (NYSE:IR)

Posted by on Mar 10, 2014

3M Co NYSE:MMM) has invested US$15 million in one of its facilities in Singapore to boost production of respirators. The U.S. firm said that it had made the investment in the second half of last year to lift production capacity of N95 respirators at its Tuas plant by 70 per cent. 3M Co NYSE:MMM) stock opened at $134.88 in last trading session, and closed at $134.11, trading in the range of $133.71 – $135.00. The stock showed a negative weekly performance of -0.46%.

United Technologies Corporation (NYSE:UTX) CEO Alain Bellemare unloaded 7,000 shares of the stock on the open market in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $117.93, for a total transaction of $825,510.00. Following the completion of the transaction, the chief executive officer now directly owns 36,531 shares of the company’s stock, valued at approximately $4,308,101. United Technologies Corporation (NYSE:UTX) shares closed at $118.31 on last trade day, by losing 0.47%. Stock 52 week range is $90.30 – $118.42. Company’s market capitalization is $108.45 billion.

Danaher Corp. (NYSE:DHR) has received a consensus rating of “Buy” from the twenty-one ratings firms that are presently covering the company, AnalystRatings.NET reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $74.27. Danaher Corporation (NYSE:DHR) stock advanced 0.72% and finished the last session at $77.43. The EPS of the stock remained 3.79. Company’s market capitalization is $54.08 billion.

Ingersoll-Rand Plc (NYSE:IR) had its price objective raised by MKM Partners from $58.00 to $62.00 in a research report released on Friday morning, StockRatingsNetwork reports. MKM Partners currently has a neutral rating on the stock. Ingersoll-Rand PLC (NYSE:IR) stock opened at $61.79 in last trading session and closed at $61.94. The 52 week range of the stock is $52.03 – $71.75 and the day range was $61.72 – $62.53.

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