Gabelli & Co. Initiates a Buy rating and $38 price target for 2012 on Xylem XYL as it believes the company will generate revenues of $3.7 bn, EBITDA of $536 mm, and earn $2.00 per share in 2011.
Gabelli & Co. says, " Xylem's attractive business mix generates strong cash flow. The company generated an average of $400 mm. EBITDA over the last three years, and we expect EBITDA to grow to over $750 mm in 2015, representing a CAGR of 9% through 2015."
XYL closed at $24.91 per share on Friday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in