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Analysts Are Neutral on These Industrial Goods Stocks: Xylem (XYL), TopBuild (BLD)

Tipranks - Wed Apr 22, 4:26AM CDT

Analysts fell to the sidelines weighing in on Xylem (XYL) and TopBuild (BLD) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Xylem (XYL)

UBS analyst Joshua Spector downgraded Xylem to Hold yesterday and set a price target of $132.00. The company’s shares closed last Monday at $120.46.

According to TipRanks.com, Spector is a 4-star analyst with an average return of 5.4% and a 55.7% success rate. Spector covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

Xylem has an analyst consensus of Strong Buy, with a price target consensus of $155.08.

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TopBuild (BLD)

J.P. Morgan analyst Michael Rehaut downgraded TopBuild to Hold yesterday and set a price target of $496.00. The company’s shares closed last Monday at $489.83, close to its 52-week high of $495.68.

According to TipRanks.com, Rehaut is a 4-star analyst with an average return of 6.0% and a 55.1% success rate. Rehaut covers the NA sector, focusing on stocks such as Installed Building Products, Taylor Morrison, and Toll Brothers. ;'>

TopBuild has an analyst consensus of Moderate Buy, with a price target consensus of $464.60, a -5.0% downside from current levels. In a report issued on April 6, Seaport Global also downgraded the stock to Hold.

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