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Stifel Nicolaus Keeps Their Buy Rating on IDEX (IEX)

Tipranks - Tipranks - Fri May 1, 7:56AM CDT

Stifel Nicolaus analyst Nathan Jones maintained a Buy rating on IDEX today and set a price target of $250.00.

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According to TipRanks, Jones is a top 100 analyst with an average return of 20.4% and a 70.39% success rate. Jones covers the Industrials sector, focusing on stocks such as Pentair, Lindsay, and IDEX.

In addition to Stifel Nicolaus, IDEX also received a Buy from Citi’s Vlad Bystricky in a report issued today. However, on April 14, BMO Capital maintained a Hold rating on IDEX (NYSE: IEX).

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Based on IDEX’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $886.9 million and a net profit of $120 million. In comparison, last year the company earned a revenue of $814.3 million and had a net profit of $95.5 million

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