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BidaskClub upgraded KLX Inc (NASDAQ:KLXI) to Buy in a report released today.

Yesterday KLX Inc (NASDAQ:KLXI) traded 1.81% higher at $51.45. The company’s 50-day moving average is $51.14 and its 200-day moving average is $48.84. The last closing price is up 3.44% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time period. 331,337 shares of the stock traded hands, down from an average trading volume of 387,003

BidaskClub has upgraded KLX Inc (NASDAQ:KLXI) to Buy in a report released on 7/8/2017.

Previously on 7/01/2017, Zacks Investment Research reported on KLX Inc (NASDAQ:KLXI) increased the target price from $0.00 to $56.00. At the time, this indicated a possible upside of 0.12%.

See Chart Below

KLX Inc (NASDAQ:KLXI)

KLX Inc has a 52 week low of $32.23 and a 52 week high of $54.40 with a P/E ratio of 41.07 The company’s market cap is currently $0.

In addition to BidaskClub reporting its target, a total of 5 equity analysts have released a ratings update on KLXI. The one year target is $34.80 with one brokerage rating the company a strong buy, one brokerage rating the company a buy, four brokerages rating the company a hold, zero brokerages rating the company a underperform, and lastly zero brokerages rating the company a sell.

General Company Details For KLX Inc (NASDAQ:KLXI)

KLX Inc. (KLX) is the distributor and service provider of aerospace fasteners and consumables. The Company offers ranges of aerospace hardware and consumables and inventory management services across the world. The Company operates through two segments: Aerospace Solutions Group (ASG) and Energy Services Group (ESG). The Company's ASG segment service offerings include inventory management and replenishment, creative and differential supply chain solutions, such as third-party logistics programs, special packaging and bar-coding, parts kitting, quality assurance testing and a range of purchasing assistance programs, plus the electronic data interchange capability. The Company's ESG segment products and services include onshore completion services, wireline services, fishing services and tools, down-hole completion and production services, pressure control, accommodations and related surface rental equipment, and remanufacturing shops.

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