Aqua America (NYSE:WTR) has an average broker rating of 2.56, which is interpreted as a Hold, as rated by 9 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Aqua America (NYSE:WTR) : Currently there are 5 street experts covering Aqua America (NYSE:WTR) stock. The most bullish and bearish price target for the stock is $35 and $27 respectively for the short term. The average price target of all the analysts comes to $32. The estimated standard deviation from the target is $3.46.
Company shares have received an average consensus rating of Hold for the current week
Aqua America (NYSE:WTR): stock turned positive on Tuesday. Though the stock opened at $34.57, the bulls momentum made the stock top out at $34.695 level for the day. The stock recorded a low of $34.14 and closed the trading day at $34.69, in the green by 0.43%. The total traded volume for the day was 923,638. The stock had closed at $34.54 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Glanton Richard H, director of Aqua America Inc, had unloaded 280 shares at an average price of $31.77 in a transaction dated on May 25, 2016. The total value of the transaction was worth $8,896.
Aqua America, Inc. is a holding company. The Company, through its subsidiaries, provides water or wastewater services in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, and Virginia. Its largest operating subsidiary is Aqua Pennsylvania, Inc., which provides water or wastewater services to approximately one-half of the total number of people the Company serves. Its other regulated utility subsidiaries provide similar services in seven other states. In addition, its non-regulated subsidiary, Aqua Resources Inc., provides liquid waste hauling and disposal; water and wastewater services; water and wastewater line repair service and protection solutions to households; designs and builds water and wastewater systems, and provides other non-regulated water and wastewater services, among others. The Companys non-regulated subsidiary, Aqua Infrastructure LLC, provides non-utility raw water supply services for firms in the natural gas drilling industry.