Xylem Inc (NYSE:XYL) has been downgraded to Neutral in a statement by Boenning Scattergood earlier today.
- Updated: November 28, 2016
Boenning Scattergood has downgraded Xylem Inc (NYSE:XYL) to Neutral in a statement released on 11/28/2016.
Having a price of $52.12, Xylem Inc (NYSE:XYL) traded -1.70% lower on the day. With the last close up 7.75% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. XYL has recorded a 50-day average of $50.29 and a two hundred day average of $48.28. Trade Volume was down over the average, with 498,626 shares of XYL changing hands under the typical 1,297,080
Recent Performance Chart
Xylem Inc has PE ratio of 28.87 with a one year low of $31.67 and a one year high of $54.99 and has a market capitalization of $0.
A total of 15 analysts have released a report on Xylem Inc. Two analysts rating the company a strong buy, five analysts rating the company a buy, ten analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $43.00.
General Company Details For Xylem Inc (NYSE:XYL)
Xylem Inc. is engaged in the design, manufacturing, and application of engineered technologies for the water industry. The Company 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. The Company has two business segments, which include Water Infrastructure (collection, distribution, return) and Applied Water (usage). The Water Infrastructure segment focuses on the transportation, treatment and testing of water, offering a range of products, including water and wastewater pumps, treatment and testing equipment, and controls and systems. The Company's Applied Water segment serves the primary uses of water and focuses on the residential, commercial, industrial and agricultural markets. The Company's brands include Flygt, Wedeco, Godwin, Lowara, Flojet and Flowtronex.
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