Parker Hannifin Corp
PH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| zXk | LOCK|m^&^ | LOCK|fY!>>& |
Parker Hannifin: This Niche Industrial Components Firm Trades at a Lofty Valuation
After taking a fresh look at industrial component stalwart Parker Hannifin, we’ve decreased our fair value estimate to $450 per share from $458 to reflect a slightly more bearish outlook for the firm’s long-term growth rate. We’ve maintained our narrow economic moat rating and Standard Capital Allocation Rating.
