Rexnord Corporation (RXN) is a multi-platform industrial company. The Company operates through two segments: Process & Motion Control platform, and Water Management platform. The Process & Motion Control platform designs, manufactures, markets and services a range of engineered mechanical components used within systems. The Process & Motion Control portfolio includes motion control products, shaft management products, aerospace components and related value-added services. Its Process & Motion Control brands include Rexnord, Rex, Euroflex, Falk, FlatTop, Link-Belt, Thomas and Tollok. The Water Management platform designs, procures and markets products that provide and enhance water quality, safety, flow control and conservation. The Water Management product portfolio includes professional grade water control and safety, water distribution and drainage, finish plumbing and site works products. Its products are marketed and sold under various brand names, including Zurn, Wilkins and VAG.
Analyst Upgrade/Downgrade Update Brokerage firm: Barclays Change: Upgrade Previous Rating: Equal Weight Current Rating: Overweight Previous Price Target: $20 Current Price Target: $26
Industrial supplier Rexnord ($RXN) could come under pressure after President Donald Trump criticized the company for moving jobs to Mexico.
