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Actionable news in ECL: ECOLAB Inc,

Ecolab (ECL) Stock Downgraded at Deutsche Bank

NEW YORK (TheStreet) -- Ecolab (ECL - Get Report) stock was downgraded to "hold" at Deutsche Bank on Monday with a price target of $125.

The Saint Paul-based company provides water, hygiene and energy technologies and services.

Deutche Bank analysts said Ecolab was the "best in class but not best in value."

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The downgrade for Ecolab stock followed a "stellar" run, the analysts said, in which shares rose 149% in four years.

"There is a modest 2% upside to our $125 price target," the analysts noted. "In addition, with Ecolab trading at 27x '15E EPS, we believe upside is limited in the near-term as the shares are at a 60% premium to the S&P."

The analysts projected that Ecolab's earnings before interest and taxes would decline 3% in 2015 due to lower oil prices, which has reduced drilling activity. Ecolab's earnings before interest and taxes increased 37% last year.

Shares of Ecolab were down 2.20% to $119.41 in mid-afternoon...