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SPX Flow Inc Receives a Hold from RBC Capital


RBC Capital analyst Deane Dray reiterated a Hold rating on SPX Flow Inc (NYSE: FLOW) on July 10 and set a price target of $44. The company’s shares closed yesterday at $43.72.

According to TipRanks.com, Dray is a 4-star analyst with an average return of 5.2% and a 59.4% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group Inc, Gates Industrial Corp Plc, and Emerson Electric Company.

SPX Flow Inc has an analyst consensus of Moderate Buy, with a price target consensus of $53.50.

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SPX Flow Inc’s market cap is currently $1.86B and has a P/E ratio of 26.99. The company has a Price to Book ratio of 1.86.

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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.