Jefferies Reiterates a 'Buy' on Ecolab Inc. (ECL); Gaining Share in Sluggish Environment

Jefferies reiterates a 'Buy' on Ecolab Inc. (NYSE: ECL) price target of $77.00.

Analyst, Laurence Alexander, said, "Q2 adjusted EPS of $0.72 was in line with consensus. Segment operating profits were in line with our forecast, with US C&S and International offsetting lower Energy Services profits. With synergies & productivity running ahead of plan, and share gains continuing in a sluggish demand environment, we reiterate our rating."

For an analyst ratings summary and ratings history on Ecolab Inc. click here. For more ratings news on Ecolab Inc. click here.

Shares of Ecolab Inc. closed at $65.45 yesterday.

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