Susquehanna Bancshares Inc upgraded shares of SPX FLOW, Inc. (NYSE:FLOW) from a neutral rating to a positive rating in a research report released on Tuesday, August 8th, StockTargetPrices.com reports.
Other equities analysts also recently issued research reports about the stock. Royal Bank Of Canada restated a hold rating and set a $35.00 price objective on shares of SPX FLOW in a report on Wednesday, April 12th. BidaskClub downgraded shares of SPX FLOW from a hold rating to a sell rating in a report on Thursday, July 27th. Finally, Credit Suisse Group restated a sell rating and set a $30.00 price objective on shares of SPX FLOW in a report on Wednesday, April 12th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $32.00.
SPX FLOW (FLOW) traded down 1.19% during mid-day trading on Tuesday, reaching $31.57. 150,455 shares of the company’s stock were exchanged. The company’s 50-day moving average is $35.53 and its 200 day moving average is $35.68. SPX FLOW has a one year low of $22.34 and a one year high of $40.66. The firm has a market capitalization of $1.34 billion, a P/E ratio of 263.08 and a beta of 2.68.
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About SPX FLOW
SPX FLOW, Inc is a global supplier of engineered solutions. As of December 31, 2016, the Company had operations in over 30 countries and sales in over 150 countries around the world. The Company operates in three business segments: Food and Beverage, Power and Energy, and Industrial. Its product portfolio of pumps, valves, mixers, filters, air dryers, hydraulic tools, homogenizers, separators and heat exchangers, along with the related aftermarket parts and services, supports global industries, including food and beverage, oil and gas, power generation, chemical processing, compressed air and mining.
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