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Northcoast Research upgraded Mueller Water Products, Inc. (NYSE:MWA) to Buy in a report released today.

Yesterday Mueller Water Products, Inc. (NYSE:MWA) traded 4.24% higher at $12.25. The company’s 50-day moving average is $12.20 and its 200-day moving average is $11.32. The last closing price is up 8.44% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 634,749 shares of the stock traded hands, down from an average trading volume of 954,532

Northcoast Research has upgraded Mueller Water Products, Inc. (NYSE:MWA) to Buy in a report released on Wednesday October 12, 2016.

Previously on 8/05/2016, D. A. Davidson reported on Mueller Water Products, Inc. (NYSE:MWA) increased the target price from $11.00 to $12.00. At the time, this indicated a possible upside of 0.01%.

See Chart Below

Mueller Water Products, Inc. (NYSE:MWA)

Mueller Water Products, Inc. has a 52 week low of $7.52 and a 52 week high of $13.50 with a P/E ratio of 33.19 The company’s market cap is currently $0.

In addition to Northcoast Research reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is $11.04 with 5 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Mueller Water Products, Inc. (NYSE:MWA)

Mueller Water Products, Inc., is a manufacturer and marketer of products and services used in the transmission, distribution and measurement of water. The Company's product portfolio includes engineered valves, fire hydrants, metering products and systems, leak detection and pipe condition assessment, which are used by municipalities, and residential and non-residential construction industries. The Company operates through two segments: Mueller Co. and Anvil. The Company helps municipalities increase operational efficiencies, improve customer service and prioritize capital spending. Mueller Co. manufactures valves for water and gas systems, including iron gate, butterfly, tapping, check, plug and ball valves, dry-barrel and wet-barrel fire hydrants, and metering systems. The Company also manufactures fittings and couplings, including cast iron fittings, malleable iron fittings and unions, grooved fittings, threaded steel pipe coupling and nipples.

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