Xylem Receives a Buy from BMO Capital


In a report released today, Scott Graham from BMO Capital maintained a Buy rating on Xylem (NYSE: XYL), with a price target of $83. The company’s shares opened today at $69.94.

According to TipRanks.com, Graham is a 4-star analyst with an average return of 7.6% and a 59.6% success rate. Graham covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings Inc, Altra Holdings, and Trimas Corp.

Currently, the analyst consensus on Xylem is Moderate Buy and the average price target is $81.33, representing a 16.3% upside.

In a report released yesterday, Boenning & Scattergood also maintained a Buy rating on the stock with a $90 price target.

Find more picks by Best Performing Analysts >>

The company has a one-year high of $79.83 and a one-year low of $49.71. Currently, Xylem has an average volume of 1.09M.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. Most recently, in March 2018, Tomas Brannemo, the SVP of XYL sold 11,716 shares for a total of $860,561.

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.

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.

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