Published On: Wed, Oct 19th, 2016

Analyst Coverage: KLX Inc (NASDAQ:KLXI)


Recently stock market analysts have updated their consensus ratings on shares of KLX Inc (NASDAQ:KLXI).

Most recent broker ratings

06/17/2016 – KLX Inc was upgraded to “overweight” by analysts at KeyBanc. They now have a USD 40 price target on the stock.

05/24/2016 – KLX Inc had its “hold” rating reiterated by analysts at Deutsche Bank. They now have a USD 37 price target on the stock.

12/02/2015 – KLX Inc was upgraded to “sector perform” by analysts at RBC Capital. They now have a USD 34 price target on the stock.

11/13/2015 – KLX Inc had its “neutral” rating reiterated by analysts at Sterne Agee. They now have a USD 30 price target on the stock.

10/07/2015 – Cantor Fitzgerald began new coverage on KLX Inc giving the company a “buy” rating. They now have a USD 50 price target on the stock.

08/28/2015 – KLX Inc had its “outperform” rating reiterated by analysts at Cowen. They now have a USD 52 price target on the stock.

08/17/2015 – KLX Inc was upgraded to “buy” by analysts at D.A. Davidson. They now have a USD 48 price target on the stock.

06/26/2015 – Buckingham Research began new coverage on KLX Inc giving the company a “buy” rating. They now have a USD 51 price target on the stock.

05/21/2015 – KLX Inc was upgraded to “buy” by analysts at Zacks. They now have a USD 50 price target on the stock.

01/13/2015 – Jefferies began new coverage on KLX Inc giving the company a “hold” rating. They now have a USD 44 price target on the stock.

KLX Inc has a 50 day moving average of 34.76 and a 200 day moving average of 33.49. The stock’s market capitalization is 1.78B, it has a 52-week low of 25.33 and a 52-week high of 41.00.

The share price of the company (NASDAQ:KLXI) was up +0.30%, with a high of 34.13during the day and the volume of KLX Inc shares traded was 259699.

KLX Inc. (KLX) is the distributor and service provider of aerospace fasteners and consumables. The Company offers ranges of aerospace hardware and consumables and inventory management services across the world. The Company operates through two segments: Aerospace Solutions Group (ASG) and Energy Services Group (ESG). The Company’s ASG segment service offerings include inventory management and replenishment, creative and differential supply chain solutions, such as third-party logistics programs, special packaging and bar-coding, parts kitting, quality assurance testing and a range of purchasing assistance programs, plus the electronic data interchange capability. The Company’s ESG segment products and services include onshore completion services, wireline services, fishing services and tools, down-hole completion and production services, pressure control, accommodations and related surface rental equipment, and remanufacturing shops.