Xylem (NYSE:XYL): The stock price is expected to reach $ 45.09 in the short term. The number of analysts agreeing with this consensus is 11. The higher estimate for the short term price target is at $52 while the lower estimate is at $39. The standard deviation of the price stands at $4.32.
Many analysts have stated their opinion on the company shares. Wedbush downgrades its view on Xylem (NYSE:XYL) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Outperform. The rating by the firm was issued on April 11, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Loranger Steven R, director of Xylem Inc., had unloaded 50,000 shares at an average price of $44.52 in a transaction dated on June 1, 2016. The total value of the transaction was worth $2,226,000.
Xylem (NYSE:XYL) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.25 points or 0.54% at $45.67 with 1,375,326 shares getting traded. Post opening the session at $45.71, the shares hit an intraday low of $45.51 and an intraday high of $45.88 and the price was in this range throughout the day. The company has a market cap of $8,170 million and the number of outstanding shares have been calculated to be 178,897,400 shares. The 52-week high of Xylem (NYSE:XYL) is $46.59 and the 52-week low is $29.9.
Xylem Inc. is engaged in the design, manufacturing, and application of engineered technologies for the water industry. The Company is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment. The Company is an equipment and service provider in various application areas of the water equipment industry: transport, treatment, test, building services, industrial processing and irrigation. The Companys water market brands, such as Bell & Gossett and Flygt. The Company sells its products in more than 150 countries through a distribution network consisting of direct sales force and independent channel partners. The Company has two business segments: Water Infrastructure (collection, distribution and return) and Applied Water (usage).