In a report released today, Nathan Jones from Stifel Nicolaus maintained a Buy rating on Xylem (XYL), with a price target of $93. The company’s shares opened today at $82.16, close to its 52-week high of $82.64.
According to TipRanks.com, Jones is a 4-star analyst with an average return of 4.6% and a 56.0% success rate. Jones covers the Industrial Goods sector, focusing on stocks such as Gardner Denver Holdings Inc, Watts Water Technologies, and Illinois Tool Works.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Xylem with a $79.33 average price target, a -3.4% downside from current levels. In a report issued on April 5, Raymond James also maintained a Buy rating on the stock with a $88 price target.
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The company has a one-year high of $82.64 and a one-year low of $60.65. Currently, Xylem has an average volume of 867.4K.
Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is negative on the stock. Most recently, in February 2019, Kenneth Napolitano, the SVP of XYL sold 35,526 shares for a total of $2,492,859.
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Xylem, Inc. engages in the design, manufacture and application of highly engineered technologies for the water industry. It provides water and wastewater applications with a broad portfolio of products and services addressing the full cycle of water, from collection, distribution and use to the return of water to the environment.