News articles about Rexnord (NYSE:RXN) have trended positive recently, according to Accern. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rexnord earned a daily sentiment score of 0.26 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 45.0889652411618 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
RXN has been the subject of a number of analyst reports. ValuEngine raised shares of Rexnord from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. TheStreet raised shares of Rexnord from a “c+” rating to a “b” rating in a research report on Friday, January 26th. KeyCorp lifted their price target on shares of Rexnord from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Thursday, February 1st. Zacks Investment Research raised shares of Rexnord from a “sell” rating to a “hold” rating in a research report on Tuesday, January 9th. Finally, Deutsche Bank set a $33.00 price target on shares of Rexnord and gave the company a “buy” rating in a research note on Friday, January 19th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $30.57.
Rexnord (NYSE RXN) opened at $30.00 on Wednesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.49 and a quick ratio of 1.58. Rexnord has a 12-month low of $21.85 and a 12-month high of $31.44. The stock has a market cap of $3,131.84, a P/E ratio of 22.99, a price-to-earnings-growth ratio of 1.81 and a beta of 1.65.
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Rexnord Corporation is a multi-platform industrial company. The Company operates through two segments: Process & Motion Control platform, and Water Management platform. The Process & Motion Control platform designs, manufactures, markets and services a range of engineered mechanical components used within systems.
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