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Shares of Xylem (NYSE:XYL) have received an average recommendation of “Buy” from the fifteen ratings firms that are covering the company, AnalystRatings.NET reports. Five analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $38.75.

A number of analysts have recently weighed in on XYL shares. Analysts at Wedbush raised their price target on shares of Xylem from $42.00 to $44.00 in a research note on Thursday, July 31st. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Xylem in a research note on Monday, June 23rd. They now have a $41.00 price target on the stock, up previously from $38.00.

Shares of Xylem (NYSE:XYL) traded up 0.90% during mid-day trading on Friday, hitting $37.02. 99,997 shares of the company’s stock traded hands. Xylem has a 52-week low of $24.14 and a 52-week high of $40.00. The stock’s 50-day moving average is $37.1 and its 200-day moving average is $37.12. The company has a market cap of $6.763 billion and a P/E ratio of 24.79.

Xylem (NYSE:XYL) last released its earnings data on Tuesday, July 29th. The company reported $0.48 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.46 by $0.02. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $994.85 million. During the same quarter last year, the company posted $0.36 earnings per share. Xylem’s revenue was up 4.7% compared to the same quarter last year. Analysts expect that Xylem will post $1.96 EPS for the current fiscal year.

Xylem Inc (NYSE:XYL), formerly ITT WCO, Inc, is a provider of equipment and service for water and wastewater applications with a portfolio of products and services addressing the full cycle of water, from collection, distribution and use to the return of water to the environment.

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