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A statement released earlier today by Zacks Investment Research about Badger Meter, Inc. (NYSE:BMI) bumps the target price to $37.00

Boasting a price of $33.42, Badger Meter, Inc. (NYSE:BMI) traded 0.21% higher on the day. The last closing price is down -4.37% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $33.76 and a 200-day moving average of $34.99. 157,123 shares of the stock were exchanged, down from an average trading volume of 172,377

Zacks Investment Research bumped up the target of Badger Meter, Inc. (NYSE:BMI) to $37.00 stating a potential upside of 0.11%.

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Badger Meter, Inc. (NYSE:BMI)

Badger Meter, Inc. has a 52 week low of $26.40 and a 52 week high of $39.36 with a P/E ratio of 30.98 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 5 firms have issued a report on the stock. The consensus target price is $66.80 with 1 firm rating the stock a strong buy, 0 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

General Information About Badger Meter, Inc. (NYSE:BMI)

Badger Meter, Inc. is engaged in flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial customers across the world. The Company's products, measure water, oil, chemicals and other fluids, provide and communicate timely measurement data. The Company's product lines include two categories, such as sales of water meters and related technologies to municipal water utilities (municipal water), and sales of meters to various industries for water and other fluids (flow instrumentation). The municipal water offering includes mechanical and electronic (static) water meters and related technologies and services used by water utilities as the basis for generating water and wastewater. In the municipal water category, it is engaged in the sale of water meters and related technologies and services consisting of residential or commercial water meter sales. It is engaged in selling ultrasonic water meters.

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