Xylem (XYL) : Traders are bullish on Xylem (XYL) as it has outperformed the S&P 500 by a wide margin of 0.38% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.15%, relative to the S&P 500. The stock has risen by 2.69% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.65% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.95% and the 50-Day Moving Average is 2.78%.The 200 Day SMA reached 19.53% Xylem Inc. is up 10.07% in the last 3-month period. Year-to-Date the stock performance stands at 38.37%.
Xylem (XYL) : The most positive equity analysts on Xylem (XYL) expects the shares to touch $56, whereas, the least positive believes that the stock will trade at $45 in the short term. The company is covered by 11 Wall Street Brokerage Firms. The average price target for shares are $50.64 with an expected fluctuation of $4.06 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Xylem (NYSE:XYL): stock was range-bound between the intraday low of $49.635 and the intraday high of $50.09 after having opened at $50.09 on Fridays session. The stock finally closed in the red at $50.09, a loss of -0.60%. The stock remained in the red for the whole trading day. The total traded volume was 1,305,546 shares. The stock failed to cross $50.09 in Fridays trading. The stocks closing price on Thursday was $50.26.
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).