Stifel Nicolaus Keeps Their Hold Rating on Idex Corp (IEX)
Stifel Nicolaus analyst Nathan Jones maintained a Hold rating on Idex Corp (NYSE: IEX) today and set a price target of $150. The company’s shares closed on Friday at $148.06.
According to TipRanks.com, Jones is a 4-star analyst with an average return of 8.7% and a 63.3% success rate. Jones covers the Industrial Goods sector, focusing on stocks such as Watts Water Technologies, Illinois Tool Works, and Parker Hannifin.
Idex Corp has an analyst consensus of Hold, with a price target consensus of $151.
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The company has a one-year high of $157.84 and a one-year low of $120.93. Currently, Idex Corp has an average volume of 304.4K.
Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2018, Michael Yates, the VP-Chief Accounting Officer of IEX sold 1,030 shares for a total of $160,577.
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IDEX Corp. engages in the manufacture of industrial pumps and other engineering equipment. It operates through the following segments: Fluid and Metering Technologies; Health and Science Technologies; and Fire and Safety/Diversified Products.