Colfax Corporation (NYSE:CFX) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.36 by 14 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 9 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Barclays upgrades their rating on the shares of Colfax Corporation (NYSE:CFX). The current rating of the shares is Equalweight. Earlier, the shares were rated a Underweight by the brokerage firm. The rating by the firm was issued on May 25, 2016.
Colfax Corporation (NYSE:CFX) stock has received a short term price target of $ 30.56 from 9 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $4.22. The higher estimate of target price is $36 , while the lower price target estimate is $25
Colfax Corporation (NYSE:CFX) witnessed a decline in the market cap on Tuesday as its shares dropped 0.74% or 0.22 points. After the session commenced at $29.43, the stock reached the higher end at $29.59 while it hit a low of $29.06. With the volume soaring to 923,810 shares, the last trade was called at $29.33. The company has a 52-week high of $47.97. The company has a market cap of $3,597 million and there are 122,637,770 shares in outstanding. The 52-week low of the share price is $18.22.
Shares of Colfax Corporation rose by 4.15% in the last five trading days and 14.53% for the last 4 weeks. Colfax Corporation has dropped 1.38% during the last 3-month period . Year-to-Date the stock performance stands at 25.61%.
Colfax Corporation is an industrial manufacturing and engineering company. The Company provides gas and fluid-handling, and fabrication technology products and services to commercial and Governmental customers around the world under the Howden, ESAB and Colfax Fluid Handling brand names. The Companys segments include gas and fluid handling, and fabrication technology. The gas and fluid handling segment supplies a range of products, including heavy-duty centrifugal and axial fans, rotary heat exchangers, gas compressors, pumps, fluid-handling systems and controls and specialty valves, which serves customers in the power generation, oil, gas and petrochemical, mining, marine (including defense) and general industrial and other end markets. Fabrication technology segment formulates, develops, manufactures and supplies consumable products and equipment for the cutting and joining of steels, aluminum, and other metals and metal alloys.