A statement released earlier today by Stifel Nicolaus about IDEX Corporation (NYSE:IEX) bumps the target price to $89.00
- Updated: October 19, 2016
Boasting a price of $86.79, IDEX Corporation (NYSE:IEX) traded 0.00% even on the day. With the last stock price close down -0.22% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. IDEX Corporation has recorded a 50-day average of $91.31 and a two hundred day average of $86.98. Volume of trade was down over the average, with 0 shares of IEX changing hands under the typical 324,388
Stifel Nicolaus bumped up the target of IDEX Corporation (NYSE:IEX) to $89.00 stating a potential upside of 0.03%.
With a total market value of $0, IDEX Corporation has price-earnings ratio of 23.01 with a one year low of $67.20 and a one year high of $95.33 .
A total of 10 equity analysts have released a ratings update on IEX. Two equity analysts rating the company a strong buy, two equity analysts rating the company a buy, thirteen equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $83.80.
Brief Synopsis About IDEX Corporation (NYSE:IEX)
IDEX Corporation (IDEX) operates an applied solutions business that sells pumps, flow meters and other fluidics systems, and components and engineered products. The Company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). With its segments, the Company maintains approximately 20 platforms, where it focuses on growth and acquisitions. The Company's FMT segment provides flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural and energy industries. The HST segment designs, produces and distributes precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems. Its FSDP segment produces firefighting pumps and controls, rescue tools, lifting bags and other components and systems; engineered stainless steel banding and clamping devices, and precision equipment.
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