Aqua America (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 4, which is also a Sell. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Aqua America (WTR) : Currently there are 5 street experts covering Aqua America (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.
Aqua America (NYSE:WTR): The stock opened at $35.62 on Wednesday but the bulls could not build on the opening and the stock topped out at $35.79 for the day. The stock traded down to $35.17 during the day, due to lack of any buying support eventually closed down at $35.42 with a loss of -0.56% for the day. The stock had closed at $35.62 on the previous day. The total traded volume was 986,709 shares.
The company shares have rallied 39.30% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $35.83 and the one year low was seen on Sep 11, 2015. The 50-Day Moving Average price is $33.36 and the 200 Day Moving Average price is recorded at $31.71.
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.