Barclays Keeps Their Hold Rating on SPX Flow Inc


In a report released yesterday, Julian Mitchell from Barclays maintained a Hold rating on SPX Flow Inc (NYSE: FLOW), with a price target of $46. The company’s shares opened today at $41.69.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 11.4% and a 67.6% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Gardner Denver Holdings Inc, Emerson Electric Company, and United Technologies Corp.

SPX Flow Inc has an analyst consensus of Moderate Buy, with a price target consensus of $54.50.

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The company has a one-year high of $54.92 and a one-year low of $31.10. Currently, SPX Flow Inc has an average volume of 293.3K.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock.

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SPX Flow, Inc. engages in manufacturing and distributing industrial components. It operates through the following business segments: Food & Beverage, Power & Energy and Industrial. The Food and Beverage segment includes mixing, drying, evaporation, and separation systems and components, heat exchangers, and reciprocating and centrifugal pump technologies.

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