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IDEX Corporation (NYSE:IEX) has been downgraded to Hold in a report by Zacks Investment Research today.

Zacks Investment Research has downgraded IDEX Corporation (NYSE:IEX) to Hold in a report released on 06/21/2017.

Yesterday IDEX Corporation (NYSE:IEX) traded 0.64% higher at $112.64. The company’s 50-day moving average is $116.42 and its 200-day moving average is $106.95. The last closing price is up 13.69% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 350,943 shares of the stock were exchanged, up from an average trading volume of 260,975

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IDEX Corporation (NYSE:IEX)

IDEX Corporation has a 52 week low of $82.05 and a 52 week high of $122.22 with a P/E ratio of 32.59 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 10 brokers have issued a report on the stock. The consensus target price is $83.80 with 2 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 13 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 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, 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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