Xylem (NYSE:XYL) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.07 by 14 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 7 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Equity analysts at the Brokerage firm Wedbush downgrades its rating on Xylem (NYSE:XYL). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on April 11, 2016.
Xylem (NYSE:XYL) shares are expected to touch $45.64 in the short term. This short term price target has been shared by 11 analysts. However, the standard deviation of short term price estimate has been valued at 4.8. The target price could hit $52 on the higher end and $39 on the lower end.
Xylem (NYSE:XYL) witnessed a decline in the market cap on Tuesday as its shares dropped 0.24% or 0.11 points. After the session commenced at $46.13, the stock reached the higher end at $46.31 while it hit a low of $45.93. With the volume soaring to 854,463 shares, the last trade was called at $45.99. The company has a 52-week high of $46.6699. The company has a market cap of $8,227 million and there are 178,897,400 shares in outstanding. The 52-week low of the share price is $29.9.
Shares of Xylem Inc. rose by 0.74% in the last five trading days and 6.08% for the last 4 weeks. Xylem Inc. is up 17.14% in the last 3-month period. Year-to-Date the stock performance stands at 26.98%.
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).