Colfax Corp (CFX) Receives a Buy from Oppenheimer


Oppenheimer analyst Bryan Blair assigned a Buy rating to Colfax Corp (CFX) today. The company’s shares opened today at $25.07.

According to TipRanks.com, Blair is a 2-star analyst with an average return of 0.1% and a 58.1% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Carlisle Companies Incorporated, Watts Water Technologies, and Mueller Water Products.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Colfax Corp with a $27.75 average price target.

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The company has a one-year high of $37.05 and a one-year low of $18.95. Currently, Colfax Corp has an average volume of 2.07M.

Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock.

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Colfax Corp. is an industrial manufacturing and engineering company, which engages in the provision of gas and fluid handling; and fabrication technology products and services to commercial and governmental customers. The firm distributes its services through the Howden, ESAB, and Colfax Fluid Handling brand names.