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IDEX Corp (NYSE:IEX) stock price target increased to $102.00, issued a research note today by RBC Capital

In a report released on 4/21/2017 RBC Capital increased the stock price target of IDEX Corp (NYSE:IEX) from $99.00 to $102.00 reporting a possible upside of 0.02%.

Just yesterday IDEX Corp (NYSE:IEX) traded 6.41% higher at $100.16. IDEX Corp’s 50-day moving average is $92.84 and its 200-day moving average is $91.33. The last closing price is up 9.53% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 816,342 shares of IEX traded hands, up from an average trading volume of 279,205

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IDEX Corp (NYSE:IEX)

IDEX Corp has a 52 week low of $77.93 and a 52 week high of $100.20 with a P/E ratio of 28.34 The company’s market cap is currently $0.

Also covering IDEX Corp's target, a total of 10 equity analysts have released a research note on IEX. The one year target is $83.80 with two firms rating the stock a strong buy, 2 firms rating the stock a buy, 13 brokerages rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

More About IDEX Corp (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, as of December 31, 2016, the Company maintained 13 platforms, where it focused 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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