Blurbs

SPX (SPXC) Receives a Buy from Oppenheimer

In a report released today, Bryan Blair from Oppenheimer maintained a Buy rating on SPX (SPXCResearch Report), with a price target of $72.00. The company’s shares closed last Friday at $45.02, close to its 52-week low of $41.66.

According to TipRanks.com, Blair is a 5-star analyst with an average return of 16.9% and a 56.6% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and Altra Industrial Motion.

SPX has an analyst consensus of Moderate Buy, with a price target consensus of $72.50.

See the top stocks recommended by analysts >>

The company has a one-year high of $68.24 and a one-year low of $41.66. Currently, SPX has an average volume of 149.1K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

SPX Corp. is the supplier of infrastructure equipment and products. It operates through the following segments: HVAC, Detection and Measurement, and Engineered Solutions. The HVAC segment engineers, designs, manufactures installs and services cooling products for the HVAC and industrial markets, as well as heating and ventilation products for the residential and commercial markets. The Detection & Measurement segment engineers, designs, manufactures and installs underground pipe and cable locators and inspection equipment, bus fare collection systems, communication technologies, and specialty lighting. The Engineered Solutions segment engineers, designs, manufactures, installs and services transformers for the power transmission and distribution market, as well as process cooling equipment and rotating and stationary heat exchangers for the power generation and industrial markets. The company was founded on December 20, 1911 and is headquartered in Charlotte, NC.

Read More on SPXC:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More