IDEX Corporation – Consensus Indicates Potential 13.0% Upside

Broker Ratings

IDEX Corporation with ticker code (IEX) have now 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 270 and 210 with the average target price sitting at 245.42. Given that the stocks previous close was at 217.17 this is indicating there is a potential upside of 13.0%. The 50 day moving average now sits at 224.77 and the 200 day MA is 217.91. The market capitalisation for the company is $16,651m. Company Website: http://www.idexcorp.com

IDEX Corporation, together with its subsidiaries, operates as an applied solutions company worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as offers flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries. The HST segment provides precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction, and drying systems for use in beverage, food processing, pharmaceutical, and cosmetics; pneumatic components and sealing solutions, such as pumping solutions for analytical instrumentation, clinical diagnostics, and drug discovery; molded and extruded sealing components; custom mechanical and shaft seals; engineered hygienic mixers and valves; biocompatible medical devices and implantables; and air compressors. This segment also offers optical components and coatings for applications in the scientific research, defense, biotechnology, aerospace, telecommunications, and electronics manufacturing applications; laboratory and commercial equipment to produce micro and nano scale materials; precision photonic solutions; and precision gear and peristaltic pump technologies. The FSDP segment produces and distributes firefighting pumps, valves and controls, rescue tools, lifting bags, and other components and systems for the fire and rescue industry; engineered stainless steel banding and clamping devices for various industrial and commercial applications; and precision equipment for dispensing, metering, and mixing colorants and paints used in retail and commercial businesses. The company was incorporated in 1987 and is headquartered in Northbrook, Illinois.

You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.

You might also enjoy reading  IDEX Corporation - Consensus Indicates Potential 21.5% Upside
Share on Stocktwits

Good news travels fast (but only if you make that happen):

Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on facebook
Facebook
Share on email
Email
Share on reddit
Reddit

AIM All Share Index