Analysts take a look at Colfax Corp (NYSE:CFX) having this to say.

June 19, 2017 - By Adrian Mccoy

 Analysts take a look at Colfax Corp (NYSE:CFX) having this to say.
Investors sentiment increased to 1.14 in 2016 Q4. Its up 0.32, from 0.82 in 2016Q3. It increased, as 21 investors sold Colfax Corp shares while 66 reduced holdings. 40 funds opened positions while 59 raised stakes. 91.40 million shares or 3.03% less from 94.26 million shares in 2016Q3 were reported.
Rhumbline Advisers owns 91,231 shares for 0.01% of their portfolio. Royal Savings Bank Of Canada holds 0% or 146,388 shares. Barrow Hanley Mewhinney Strauss Ltd Liability Company accumulated 0.1% or 1.89M shares. Neuberger Berman Group Lc owns 13,000 shares or 0% of their US portfolio. Focused Wealth Mngmt reported 30 shares or 0% of all its holdings. Dupont Capital Mgmt holds 40,433 shares. Manufacturers Life Company The holds 0% or 3,437 shares. Engineers Gate Manager Lp has invested 0.21% in Colfax Corp (NYSE:CFX). Markel Corp has 0.98% invested in Colfax Corp (NYSE:CFX). Parkside Natl Bank Trust holds 0% of its portfolio in Colfax Corp (NYSE:CFX) for 193 shares. Akre Capital Mngmt Limited Liability Com holds 4.70 million shares. Victory Cap Mgmt Inc has 1.47M shares. Argent Mngmt Limited Liability Corporation owns 14,630 shares. Calamos Advsrs Limited reported 0.1% in Colfax Corp (NYSE:CFX). Gsa Prtn Ltd Liability Partnership owns 14,406 shares or 0.03% of their US portfolio.

Colfax Corp (NYSE:CFX) Ratings Coverage

Among 15 analysts covering Colfax (NYSE:CFX), 8 have Buy rating, 2 Sell and 5 Hold. Therefore 53% are positive. Colfax has $52 highest and $21 lowest target. $33’s average target is -16.83% below currents $39.68 stock price. Colfax had 29 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Colfax Corp (NYSE:CFX) earned “Outperform” rating by Cowen & Co on Friday, December 11. Argus Research upgraded the stock to “Buy” rating in Monday, November 14 report. The rating was downgraded by Argus Research to “Hold” on Tuesday, July 28. The firm earned “Hold” rating on Thursday, May 25 by IBC. The stock has “Perform” rating by Oppenheimer on Friday, December 4. The rating was initiated by Gabelli on Tuesday, March 29 with “Hold”. Stifel Nicolaus maintained the shares of CFX in report on Thursday, October 15 with “Buy” rating. As per Tuesday, May 17, the company rating was upgraded by BB&T Capital. Barclays Capital downgraded Colfax Corp (NYSE:CFX) on Monday, October 5 to “Underweight” rating. The firm earned “Outperform” rating on Friday, January 13 by RBC Capital Markets. Below is a list of Colfax Corp (NYSE:CFX) latest ratings and price target changes.

25/05/2017 Broker: IBC Rating: Hold Maintain
18/05/2017 Broker: Credit Suisse Rating: Outperform New Target: $47.00 Initiates Coverage On
03/02/2017 Broker: Stifel Nicolaus Rating: Buy Old Target: $42 New Target: $45 Maintain
13/01/2017 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Old Target: $32 New Target: $43 Upgrade

It closed at $39.68 lastly. It is down 61.22% since June 19, 2016 and is uptrending. It has outperformed by 44.52% the S&P500.

Colfax Corporation is an industrial manufacturing and engineering company. The company has market cap of $4.91 billion. The Firm provides gas and fluid handling and fabrication technology services and products to clients around the world. It has a 33.98 P/E ratio. The Company’s divisions include Gas and Fluid Handling, and Fabrication Technology.

Another recent and important Colfax Corp (NYSE:CFX) news was published by Bizjournals.com which published an article titled: “Adding value to a company — and community” on February 24, 2017.

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