Rosenblatt Securities analyst Scott Graham (NYSE:GHM) maintained a Hold rating on Xylem Inc (NYSE:XYL) on Tuesday, setting a price target of $63, which is approximately 9.08% below the present share price of $69.29.
Graham expects Xylem Inc to post earnings per share (EPS) of $0.66 for the second quarter of 2020.
The current consensus among 14 TipRanks analysts is for a Hold rating of shares in Xylem, with an average price target of $71.8.
The analysts price targets range from a high of $82 to a low of $56.
In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $1.37 billion and a net profit of $200 million. The company's market cap is $12.33 billion.
According to TipRanks.com, Rosenblatt Securities analyst Scott Graham is a 5-star analyst with an average return of 6.3% and a 60.4% success rate.
Xylem, Inc. engages in the design, manufacture and application of highly engineered technologies for the water industry. It provides water and wastewater applications with a broad portfolio of products and services addressing the full cycle of water, from collection, distribution and use to the return of water to the environment. It operates through following business segments: Water Infrastructure, Applied Water and Measurement & Control Solutions. The Water Infrastructure segment focuses on the transportation, treatment and testing of water, offering a range of products including water & wastewater pumps, treatment & testing equipment, and controls & systems. This segment brands include Flygt, Wedeco, Godwin Pumps, WTW, Sanitaire, YSI and Leopold. The Applied Water segment encompasses the uses of water and focuses on the residential, commercial, industrial and agricultural markets. Its products include pumps, valves, heat exchangers, controls and dispensing equipment. The Measurement & Control Solutions segment focuses on developing advanced technology solutions that enable intelligent use and conservation of critical water and energy resources as well as analytical instrumentation used in the testing of water. The company was founded on May 4, 2011 and is headquartered in Rye Brook, NY.