In a report released today, Ryan Connors from Boenning & Scattergood maintained a Hold rating on Idex Corp (IEX). The company’s shares closed yesterday at $139.10.
According to TipRanks.com, Connors is a 4-star analyst with an average return of 5.0% and a 57.7% success rate. Connors covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Watts Water Technologies, and Mueller Water Products.
Currently, the analyst consensus on Idex Corp is a Moderate Buy with an average price target of $145.50.
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Idex Corp’s market cap is currently $10.69B and has a P/E ratio of 26.60. The company has a Price to Book ratio of 5.19.
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IDEX Corp. engages in the provision of engineering solutions. It offers products that are mission-critical components. Its brands includes BAND-IT, that produces stainless steel banding, buckles, and clamping systems; and Hurst Jaws of Life, which serves as a rescue tool.
