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Badger Meter, Inc. (NYSE:BMI) has been upgraded to Hold in a report by Zacks Investment Research today.

Zacks Investment Research has upgraded Badger Meter, Inc. (NYSE:BMI) to Hold in a statement released on 6/21/2017.

Having a price of $39.70, Badger Meter, Inc. (NYSE:BMI) traded 0.55% higher on the day. With the last close down 13.94% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same period. Badger Meter, Inc. has recorded a 50-day average of $44.93 and a two hundred day average of $40.20. Volume of trade was up over the average, with 315,475 shares of BMI changing hands over the typical 86,978

Performance Chart

Badger Meter, Inc. (NYSE:BMI)

With a total market value of $0, Badger Meter, Inc. has 52 week low of $29.30 and a 52 week high of $46.85 with a P/E ratio of 38.81 .

In addition to Zacks Investment Research reporting its target price, a total of 5 brokers have issued a report on Badger Meter, Inc.. The 12-month price target is $66.80 with one brokerage rating the company a strong buy, 0 brokerages rating the stock a buy, 5 analysts rating the company a hold, zero analysts rating the company a underperform, and finally 1 firm rating the stock a sell.

About Badger Meter, Inc. (NYSE:BMI)

Badger Meter, Inc. is a manufacturer and marketer of products incorporating flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial customers around the world. The Company's products measure water, oil, chemicals and other fluids, provide and communicate timely measurement data. Its product lines include two categories: 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 ultrasonic (electronic) water meters and related technologies and services used by water utilities as the basis for generating water and wastewater. The flow instrumentation category includes the sale of meters and valves around the world to measure and control materials flowing through a pipe or pipeline, including air, steam, oil, and other liquids and gases.

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