SPX FLOW, Inc. (FLOW) Rating Lowered to Sell at BidaskClub
BidaskClub cut shares of SPX FLOW, Inc. (NYSE:FLOW) from a hold rating to a sell rating in a research report sent to investors on Thursday morning.
FLOW has been the topic of a number of other research reports. Royal Bank Of Canada reissued a hold rating and issued a $35.00 price target on shares of SPX FLOW in a research note on Wednesday, April 12th. Credit Suisse Group reissued a sell rating and issued a $30.00 price target on shares of SPX FLOW in a research note on Wednesday, April 12th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $32.00.
Shares of SPX FLOW (FLOW) traded down 2.11% during trading on Thursday, hitting $35.27. The company had a trading volume of 31,377 shares. SPX FLOW has a 12-month low of $22.34 and a 12-month high of $40.66. The firm has a 50 day moving average of $37.22 and a 200 day moving average of $35.85. The stock’s market cap is $1.49 billion.
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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