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A statement released earlier today by BMO Capital Markets about Xylem Inc (NYSE:XYL) bumps the target price to $60.00

BMO Capital Markets bumped up the target of Xylem Inc (NYSE:XYL) to $60.00 stating a potential upside of 0.11%.

Boasting a price of $53.88, Xylem Inc (NYSE:XYL) traded 0.46% higher on the day. With the last stock price close down 16.88% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Xylem Inc has recorded a 50-day moving average of $60.57 and a 200-day moving average of $54.16. 1,276,972 shares of the stock traded hands, up from an average trading volume of 1,056,020

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Xylem Inc (NYSE:XYL)

Xylem Inc has a 52 week low of $45.60 and a 52 week high of $63.56 with a P/E ratio of 40.87 The company’s market cap is currently $0.

In addition to BMO Capital Markets reporting its stock price target, a total of 15 brokers have issued a report on the company. The average stock price target is $43.00 with 2 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 10 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Xylem Inc (NYSE:XYL)

Xylem Inc. is a water technology company. The Company designs, manufactures and services engineered solutions across a range of critical applications. It 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. It has three business segments, which include Water Infrastructure, Applied Water and Sensus. Water Infrastructure focuses on the transportation, treatment and testing of water, offering a range of products, including water and wastewater pumps, and controls and systems. Applied Water serves the uses of water and focuses on the residential, commercial, industrial and agricultural markets. The Sensus segment's products include metering, networked communications, measurement and control technologies, software and services, including cloud-based analytics, remote monitoring and data management.

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