In a report released yesterday, Bryan Blair from Oppenheimer maintained a Hold rating on Xylem (XYL). The company’s shares closed last Friday at $72.98.
According to TipRanks.com, Blair is a 3-star analyst with an average return of 3.9% and a 51.7% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and Altra Industrial Motion.
Currently, the analyst consensus on Xylem is a Moderate Buy with an average price target of $75.11, a 1.4% upside from current levels. In a report issued on July 27, Jefferies also maintained a Hold rating on the stock with a $75.00 price target.
See today’s analyst top recommended stocks >>
Xylem’s market cap is currently $13.13B and has a P/E ratio of 36.70. The company has a Price to Book ratio of -11.74.
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. It operates through following business segments: Water Infrastructure, Applied Water and Measurement & Control Solutions. The Water Infrastructure segment focuses on the transportation, treatment and testing of water, offering a range of products including water & wastewater pumps, treatment & testing equipment, and controls & systems. This segment brands include Flygt, Wedeco, Godwin Pumps, WTW, Sanitaire, YSI and Leopold. The Applied Water segment encompasses the uses of water and focuses on the residential, commercial, industrial and agricultural markets. Its products include pumps, valves, heat exchangers, controls and dispensing equipment. The Measurement & Control Solutions segment focuses on developing advanced technology solutions that enable intelligent use and conservation of critical water and energy resources as well as analytical instrumentation used in the testing of water. The company was founded on May 4, 2011 and is headquartered in Rye Brook, NY.
