Based on the oversold RSI and potential bullish MACD crossover, ECL is expected to rebound. The target price for the next trading week is $257.00.
Buy ECL at the current level, targeting $257.00, as the technical indicators and fundamental strength suggest a rebound.
The price of ECL is predicted to go up -8.9%, based on the high correlation periods with TIVC. The similarity of these two price pattern on the periods is 98.56%.
ECL
TIVC
Ecolab's focus on delivering savings on labor, energy, and water for customers makes the firm's products and services attractive even during economic slowdowns.
Ecolab's customers are willing to pay a premium to protect their own brand reputations. For example, a restaurant knows what a food contamination incident can do to its standing with customers.
Rising fresh water costs will drive demand for industrial water management systems. Ecolab's water management systems will be able to save its customers water and energy costs, which will increase water business profits.
Redburn Atlantic
2025-03-24
Price Target
$270
Upside
+6.91%
BMO Capital
2025-03-03
Price Target
$295 → $305
Upside
+13.19%
Piper Sandler
2025-02-24
Price Target
$270 → $310
Upside
+17.51%