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Do Analysts Agree Thursday on Xylem Inc (XYL) Stock's Target Price?

Thursday, October 05, 2023 01:02 PM | InvestorsObserver Analysts

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Do Analysts Agree Thursday on Xylem Inc (XYL) Stock's Target Price?

Wall Street is positive on Xylem Inc (XYL). On average, analysts give the stock a Buy rating. The average price target is $123.909, which means analysts expect the stock to climb by 37.77% over the next twelve months. That average ranking earns the stock an Analyst Rating of 26, which is better than 26% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.7
Wall Street analysts are rating XYL a Buy today. Find out what this means to you and get the rest of the rankings on XYL!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Xylem Inc Stock Today?

Xylem Inc (XYL) stock is trading at $89.94 as of 12:48 PM on Thursday, Oct 5, a drop of -$1.28, or -1.4% from the previous closing price of $91.22. The stock has traded between $89.55 and $91.52 so far today. Volume today is light. So far 349,418 shares have traded compared to average volume of 1,648,357 shares. Click Here to get the full Stock Report for Xylem Inc stock.

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