Xylem Gets a Hold Rating from Susquehanna

By Jason Carr

In a report released today, Robert Barry from Susquehanna reiterated a Hold rating on Xylem (NYSE: XYL), with a price target of $67. The company’s shares closed yesterday at $69.97, close to its 52-week high of $69.98.

According to TipRanks.com, Barry is a 4-star analyst with an average return of 12.3% and a 80.6% success rate. Barry covers the Industrial Goods sector, focusing on stocks such as Mueller Water Products, Lennox International, and The Middleby Corp.

Xylem has an analyst consensus of Moderate Buy, with a price target consensus of $74.11.

Xylem’s market cap is currently $12.57B and has a P/E ratio of 40.68. The company has a book value ratio of 5.1022.

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. Most recently, in December 2017, Steven Loranger, a Director at XYL sold 17,139 shares for a total of $1,167,028.

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.