SPX FLOW’s (FLOW) Buy Rating Reaffirmed at Seaport Global Securities
Several other equities research analysts have also recently weighed in on the stock. BidaskClub cut shares of SPX FLOW from a hold rating to a sell rating in a research report on Thursday, July 27th. Stifel Nicolaus upped their price objective on shares of SPX FLOW from $47.00 to $49.00 and gave the stock a buy rating in a research report on Monday, October 2nd. Finally, Susquehanna Bancshares Inc raised shares of SPX FLOW from a neutral rating to a positive rating in a research report on Tuesday, August 8th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of $38.00.
Shares of SPX FLOW (NYSE FLOW) opened at $41.52 on Wednesday. SPX FLOW has a 52-week low of $23.80 and a 52-week high of $43.26. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.14 and a current ratio of 1.67. The firm has a market cap of $1,760.24, a PE ratio of 34.60, a P/E/G ratio of 1.20 and a beta of 2.77.
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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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