A statement released today by Robert W. Baird about American Water Works (NYSE:AWK) ups the target price to $82.00
- Updated: October 13, 2016
Robert W. Baird bumped up the target of American Water Works (NYSE:AWK) to $82.00 reporting a possible upside of 0.14%.
Previously on 9/6/2016, Barclays released a statement for American Water Works (NYSE:AWK) reduced the target price from $87.00 to $81.00. At the time, this suggested an upside of 0.08%.
Only yesterday American Water Works (NYSE:AWK) traded 0.66% higher at $71.76. American Water Works’s 50-day moving average is $74.12 and its two hundred day average is $75.76. With the last close down -5.28% relative to the two hundred day average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Volume of trade was down over the average, with 748,453 shares of AWK changing hands under the typical 1,150,560
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American Water Works has price-earnings ratio of 26.17 with a 52 week low of $55.13 and a 52 week high of $85.24 and has a market capitalization of $0.
Also covering American Water Works's target, a total of 13 analysts have released a report on the company. The average stock price target is $71.92 with 2 brokerages rating the stock a strong buy, 6 analysts rating the company a buy, seven equity analysts rating the company a hold, zero brokerages rating the company a underperform, and lastly zero analysts rating the company a sell.
General Information About American Water Works (NYSE:AWK)
American Water Works Company, Inc. is a holding company. The Company is a water and wastewater utility company. The Company operates through two segments: the Regulated Businesses and the Market-Based Businesses. Its Regulated Businesses segment involves the ownership of subsidiaries that provide water and wastewater utility services to residential, commercial, industrial and other customers, including sale for resale and public authority customers. The Market-Based Businesses segment provides water and wastewater services to military bases, municipalities, industrial, commercial and residential customers that are not subject to economic regulation by state Public Utility Commissions (PUCs). Its properties consist of transmission, distribution and collection pipes, water and wastewater treatment plants, pumping wells, tanks, meters, supply lines, dams, reservoirs, buildings, vehicles, land, easements, software rights, and other facilities and equipment.
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