Rexnord Corporation – Consensus Indicates Potential 11.4% Upside

Broker Ratings

Rexnord Corporation found using ticker (RXN) now have 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 74 and 65 calculating the average target price we see 69.8. Now with the previous closing price of 62.68 this would indicate that there is a potential upside of 11.4%. The day 50 moving average is 61.27 and the 200 day MA is 53.01. The company has a market capitalisation of $7,687m. You can visit the company’s website by visiting: http://www.rexnordcorporation.com

Rexnord Corporation designs, manufactures, and markets process and motion control, and water management products worldwide. It operates in two segments, Process & Motion Control Platform and Water Management Platform. The company offers table top conveying chain and related accessories, metal conveying and engineered woven metals, gearing and gear drives, conveying equipment, industrial chains, and custom assemblies; custom-engineered, application-specific miniature gearboxes, and motion control assemblies and components used in aerospace, defense, medical equipment, robotics, semiconductor, instrumentation, and satellite communications; and shaft management products, including couplings, torque limiters, electromagnetic clutches and brakes, industrial bearings, and shaft locking assemblies. It also provides aerospace components for use in door systems, engine accessories and controls, engine mounts, flight control systems, gearboxes, landing gears, and rotor pitch controls. In addition, the company offers professional grade water control and safety, water distribution and drainage, finish plumbing, and site works products primarily for nonresidential buildings. It sells products through distribution partners, independent sales representatives, plumbing wholesalers, industry-specific distributors, and sales agencies to commercial construction, institutional, infrastructure, and residential construction end market, as well as to original equipment manufacturers and end users. The company offers its products under the Rexnord, Rex, Addax, Euroflex, Falk, FlatTop, Cambridge, Link-Belt, Omega, PSI, Shafer, Stearns, Highfield, Thomas, Centa, Tollok, Zurn, Wilkins, Green Turtle, StainlessDrains.com, World Dryer, Hadrian, and JUST names. Rexnord Corporation was incorporated in 2006 and is headquartered in Milwaukee, Wisconsin.

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