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Ecolab Inc. (ECL) [hlAlert]

Rating:
Buy ECL
down 6.80 %

Ecolab Inc. (ECL) rated Buy with price target $134 by Argus

Posted on: Monday,  Sep 22, 2014  9:25 AM ET by Argus

Argus rated Buy Ecolab Inc. (NYSE: ECL) on 09/22/2014, when the stock price was $117.94. Since
then, Ecolab Inc. has lost 6.80% as of 01/19/2016's recent price of $109.92.
If you would have followed this Argus's recommendation on ECL, you would have lost 6.8% of your investment in 484 days.

Ecolab Inc. (Ecolab) develops and markets products and services for the hospitality, foodservice, health care and industrial markets. The Company provides cleaning and sanitizing products and programs, as well as pest elimination, maintenance and repair services primarily to hotels and restaurants, healthcare and educational facilities, quick service (fast-food and convenience store) units, grocery stores, commercial and institutional laundries, light industry, dairy plants and farms, food and beverage processors, and the vehicle wash industry. The Company operates in three business segments: United States Cleaning & Sanitizing segment, United States Other Services segment and International segment. In October 2009, the Company acquired ISS pest elimination business in the United Kingdom.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/22/2014 9:25 AM Buy
None
117.94 134.00
as of 10/17/2014
1 Week down  -1.27 %
1 Month down  -8.52 %
3 Months   
1 YTD down  -8.52 %

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