Xylem (XYL) Gets a Buy Rating from Oppenheimer


Oppenheimer analyst Bryan Blair assigned a Buy rating to Xylem (XYL) today. The company’s shares opened today at $79.54.

According to TipRanks.com, Blair is a 4-star analyst with an average return of 9.3% and a 70.0% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Carlisle Companies Incorporated, Lincoln Electric Holdings, and Watts Water Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Xylem with a $80.43 average price target, representing a 1.1% upside. In a report released today, Boenning & Scattergood also maintained a Buy rating on the stock with a $92 price target.

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The company has a one-year high of $84.41 and a one-year low of $60.65. Currently, Xylem has an average volume of 801K.

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.

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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