BidaskClub downgraded shares of Systemax Inc. (NYSE:SYX) from a buy rating to a hold rating in a report issued on Tuesday morning.
A number of other research analysts also recently commented on the company. TheStreet upgraded Systemax from a d+ rating to a c- rating in a research report on Wednesday, March 29th. Sidoti reiterated a neutral rating and set a $22.00 target price (up from $20.00) on shares of Systemax in a research report on Sunday, June 25th.
Systemax (NYSE:SYX) opened at 18.07 on Tuesday. The stock’s market capitalization is $667.76 million. The firm’s 50 day moving average is $18.90 and its 200 day moving average is $13.11. Systemax has a 1-year low of $7.05 and a 1-year high of $20.67.
Systemax Company Profile
Systemax Inc is a direct marketer of brand name and private label products. The Company’s segments are Industrial Products Group (IPG), EMEA Technology Products Group (EMEA), and Corporate and Other (Corporate). The IPG segment sells an array of maintenance, repair and operational (MRO) products, which are marketed in North America.
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