Rexnord Corp (RXN) Scheduled to Post Earnings on Tuesday
Rexnord Corp (NYSE:RXN) is scheduled to be posting its quarterly earnings results on Tuesday, January 28th. Persons interested in registering for the company’s earnings conference call can do so using this link.
Rexnord Corp (NYSE:RXN) opened at 27.72 on Monday. Rexnord Corp has a 52 week low of $15.88 and a 52 week high of $29.29. The stock has a 50-day moving average of $26.81 and a 200-day moving average of $22.18. The company’s market cap is $2.710 billion.
RXN has been the subject of a number of recent research reports. Analysts at Robert W. Baird raised their price target on shares of Rexnord Corp from $26.00 to $30.00 in a research note to investors on Tuesday, January 7th. They now have an “outperform” rating on the stock. On a related note, analysts at Credit Suisse upgraded shares of Rexnord Corp from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, January 6th. They now have a $31.00 price target on the stock, up previously from $22.00. Finally, analysts at Zacks downgraded shares of Rexnord Corp from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, January 3rd. They now have a $28.00 price target on the stock. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $26.17.
Rexnord Corporation (NYSE:RXN), formerly Rexnord Holdings, Inc, is a multi-platform industrial company.
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