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Enter Symbol:
 
Franklin Electric Co., Inc. (FELE) [hlAlert]

Rating:
Long-term Buy
FELE
down 1.41 %

Franklin Electric Co., Inc. (FELE) rated Long-term Buy with price target $65 by Hilliard Lyons

Posted on: Wednesday,  Jul 18, 2012  10:28 AM ET by Hilliard Lyons

Hilliard Lyons rated Long-term Buy Franklin Electric Co., Inc. (NASDAQ: FELE) on 07/18/2012, when the stock price was $28.95.
Since then, Franklin Electric Co., Inc. has lost 1.42% as of 01/12/2016's recent price of $28.54.
If you would have followed this Hilliard Lyons's recommendation on FELE, you would have lost 1.41% of your investment in 1273 days.

Franklin Electric Co., Inc. together with its subsidiaries (Franklin Electric) is engaged in designing, manufacturing and distributing groundwater and fuel pumping systems, composed primarily of submersible pumps and motors, electronic controls and related parts and equipment. The Company operates in two business segments: the Water Systems segment and the Fueling Systems segment. The principal raw materials used in the manufacture of the Company?s products are coil and bar steel, stainless steel, copper wire, and aluminum ingot. The Company?s products are sold in North America, Europe, the Middle East, South Africa, Australia, Mexico, Brazil, Japan, China, and other global markets. During the fiscal year ended January 3, 2009, (fiscal 2008), the Company completed the acquisition of Industrias Schneider SA and Western Pumps LLC.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2012 10:28 AM Buy
None
28.95 32.50
as of 12/31/2012
1 Week up  2.97 %
1 Month up  4.14 %
3 Months up  2.54 %
1 YTD up  7.13 %

(*) Stock Price at the time of the recommendation.
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