Breaking Finance News

Saneamento Basico (NYSE:SBS) has been upgraded from Hold to Buy in a statement by HSBC earlier today.

HSBC has upgraded Saneamento Basico (NYSE:SBS) from Hold to Buy in a statement released on Thursday November 23, 2017.

Having a price of $9.12, Saneamento Basico (NYSE:SBS) traded -4.23% lower on the day. With the last close down -0.58% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.01% over the same period. SBS has recorded a 50-day average of $10.36 and a two hundred day average of $10.03. Trade Volume was down over the average, with 1,058,912 shares of SBS changing hands under the typical 1,986,120

Recent Performance Chart

Saneamento Basico (NYSE:SBS)

Saneamento Basico has PE ratio of 7.12 with a one year low of $7.76 and a one year high of $11.33 and has a market capitalization of $0.

A total of 3 analysts have released a report on Saneamento Basico. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $28.48.

General Company Details For Saneamento Basico (NYSE:SBS)

Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP is a water and sewage service provider. The Company provides water and sewage services to a range of residential, commercial, industrial and governmental customers in over 360 municipalities in the state of Sao Paulo, including the city of Sao Paulo. The Company's segments include Water and Sewage. The Company also supplies treated water on a wholesale basis to approximately 10 municipalities located in the Sao Paulo metropolitan region and urban conurbations. The Company's activities comprise water supply, sanitary sewage services, urban rainwater management and drainage services, urban cleaning services, solid waste management services and related activities, including the planning, operation, maintenance and commercialization of energy, and the commercialization of services, products, benefits and rights that directly or indirectly arise from its assets, operations and activities.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *