In a report released today, Jim Giannakouros from Oppenheimer maintained a Buy rating on Rexnord Corporation (NYSE: RXN), with a price target of $35. The company’s shares closed yesterday at $29.72.
According to TipRanks.com, Giannakouros is a 4-star analyst with an average return of 5.2% and a 51.4% success rate. Giannakouros covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and Carlisle Companies Inc.
Rexnord Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $35.
See today’s analyst top recommended stocks >>
The company has a one-year high of $31.44 and a one-year low of $22.52. Currently, Rexnord Corporation has an average volume of 674.1K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
