Oppenheimer Reiterates Their Buy Rating on Rexnord Corporation (RXN)


Oppenheimer analyst Bryan Blair reiterated a Buy rating on Rexnord Corporation (RXN) yesterday. The company’s shares closed yesterday at $27.84.

According to TipRanks.com, Blair is a 3-star analyst with an average return of 2.9% and a 56.8% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Carlisle Companies Incorporated, Lincoln Electric Holdings, and Watts Water Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rexnord Corporation.

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The company has a one-year high of $32.11 and a one-year low of $21.38. Currently, Rexnord Corporation has an average volume of 701.8K.

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Rexnord Corp. is engaged in the manufacturing of engineered power transmission, aerospace and other precision motion technology products. It operates through two segments: Process & Motion Control platform and Water Management.

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