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A report released today by Zacks Investment Research about Colfax Corp (NYSE:CFX) raises the target price to $46.00

Having a price of $39.84, Colfax Corp (NYSE:CFX) traded 0.13% higher on the day. With the last close up 5.09% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the same period. Colfax Corp has recorded a 50-day average of $39.35 and a two hundred day average of $37.92. Volume of trade was down over the average, with 229,792 shares of CFX changing hands under the typical 627,502

Colfax Corp (NYSE:CFX) had its target bumped up to $46.00 by Zacks Investment Research in an issued report announced Tuesday May 16, 2017. The upped price target implies a potential upside of 0.15% from the company's most recent close.

On 5/09/2017, Robert W. Baird released a statement on Colfax Corp (NYSE:CFX) upped the target price from $47.00 to $48.00 that suggested an upside of 0.22%.

Performance Chart

Colfax Corp (NYSE:CFX)

With a total market value of $0, Colfax Corp has price-earnings ratio of 34.06 with a one year low of $24.62 and a one year high of $41.99 .

A total of 11 analysts have released a research note on Colfax Corp. Two analysts rating the company a strong buy, two analysts rating the company a buy, twelve analysts rating the company a hold, one analyst rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $28.64.

More About Colfax Corp (NYSE:CFX)

Colfax Corporation is an industrial manufacturing and engineering company. The Company provides gas and fluid handling and fabrication technology products and services to customers around the world. The Company's segments include Gas and Fluid Handling, and Fabrication Technology. The Gas and Fluid Handling segment supplies a range of gas and fluid handling products, including heavy-duty centrifugal and axial fans, rotary heat exchangers, gas compressors, pumps and certain related products, as well as aftermarket and lubrication-related services, which serves customers in the power generation, oil, gas and petrochemical, mining, marine (including defense) and general industrial and other end markets. The Fabrication Technology segment supplies welding equipment and consumables, cutting equipment and consumables, and automated welding and cutting systems. It formulates, develops, manufactures and supplies consumable products and equipment.

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