Barclays Starts Coverage On Rexnord (RXN) with $30 Target; SKYWORTH DIGITAL HOLDING (SWDHF) Sellers Increased By 688.04% Their Shorts

Among 10 analysts covering Rexnord Corporation (NYSE:RXN), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Rexnord Corporation has $35.0 highest and $16 lowest target. $27.90’s average target is 1.71% above currents $27.43 stock price. Rexnord Corporation had 31 analyst reports since August 6, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, January 8 by Bank of America. Barclays Capital maintained it with “Equalweight” rating and $23 target in Monday, July 18 report. The rating was maintained by Oppenheimer on Thursday, August 6 with “Outperform”. The company was maintained on Thursday, February 1 by KeyBanc Capital Markets. As per Friday, October 13, the company rating was maintained by Robert W. Baird. The stock of Rexnord Corporation (NYSE:RXN) earned “Market Perform” rating by Oppenheimer on Thursday, October 15. The firm earned “Overweight” rating on Monday, October 24 by Barclays Capital. The rating was downgraded by Robert W. Baird on Thursday, June 23 to “Neutral”. The rating was initiated by Suntrust Robinson with “Buy” on Tuesday, November 3. The firm has “Buy” rating by Robert W. Baird given on Thursday, February 1.

SKYWORTH DIGITAL HOLDING (OTCMKTS:SWDHF) had an increase of 688.04% in short interest. SWDHF’s SI was 2.90M shares in February as released by FINRA. Its up 688.04% from 368,000 shares previously. It closed at $0.38 lastly. It is down 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

The stock increased 1.11% or $0.3 during the last trading session, reaching $27.43. About 392,620 shares traded. Rexnord Corporation (NYSE:RXN) has risen 17.47% since February 15, 2017 and is uptrending. It has outperformed by 0.77% the S&P500.

Rexnord Corporation designs, manufactures, and markets process and motion control, and water management products worldwide. The company has market cap of $2.85 billion. The firm operates in two divisions, Process & Motion Control Platform and Water Management Platform. It has a 42.79 P/E ratio. It offers table top conveying chain and related accessories, metal conveying and engineered woven metals, gearing and gear drives, conveying equipment, industrial chains, and custom assemblies; custom-engineered, application-specific miniature gearboxes, and motion control assemblies and components used in aerospace, defense, medical equipment, robotics, semiconductor, instrumentation, and satellite communications; and shaft management products, such as couplings, torque limiters, electromagnetic clutches and brakes, industrial bearings, and shaft locking assemblies.

Since September 6, 2017, it had 0 insider buys, and 2 selling transactions for $556,410 activity. $3,037 worth of Rexnord Corporation (NYSE:RXN) was sold by Troutman Michael.