Xylem (XYL) has risen sharply, recording gains of 5.98% in the past 4 weeks. However, the stock has corrected -0.26% in the past 1 week, providing a good buying opportunity on dips. Xylem (XYL) : Traders are bullish on Xylem (XYL) as it has outperformed the S&P 500 by a wide margin of 6.2% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.4%, relative to the S&P 500.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 3.61% and the fifty day Moving Average is 7.38%. Xylem Inc. is up 13.69% in the last three month period. Year-to-Date the stock performance stands at 39.9%.
Xylem (XYL) : Currently there are 11 street experts covering Xylem (XYL) stock. The most bullish and bearish price target for the stock is $55 and $45 respectively for the short term. The average price target of all the analysts comes to $50.09. The estimated standard deviation from the target is $3.65.
Xylem (NYSE:XYL): stock turned positive on Friday. Though the stock opened at $50.81, the bulls momentum made the stock top out at $51.23 level for the day. The stock recorded a low of $50.445 and closed the trading day at $50.67, in the green by 0.18%. The total traded volume for the day was 664,086. The stock had closed at $50.58 in the previous days trading.
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 is an equipment and service provider in various application areas of the water equipment industry: transport, treatment, test, building services, industrial processing and irrigation. The Companys water market brands, such as Bell & Gossett and Flygt. The Company sells its products in more than 150 countries through a distribution network consisting of direct sales force and independent channel partners. The Company has two business segments: Water Infrastructure (collection, distribution and return) and Applied Water (usage).