Analyst Price Target is $74.00
▲ +26.56% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for SPX in the last 3 months. The average price target is $74.00, with a high forecast of $74.00 and a low forecast of $74.00. The average price target represents a 26.56% upside from the last price of $58.47.
Current Consensus is
The current consensus among 3 contributing investment analysts is to buy stock in SPX. This Buy consensus rating has held steady for over two years.
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 and 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 in 1912 and is headquartered in Charlotte, NC.