Brokerage Firm Rating Update on Aqua America (WTR)

Aqua America (WTR) has an average broker rating of 2.78, which is interpreted as a Hold, as rated by 9 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 6 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) : The highest short term price target forecast on Aqua America (WTR) is $39 and the lowest target price is $30. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $34.2 with a standard deviation of $4.27.


Company shares have received an average consensus rating of Hold for the current week

Aqua America (NYSE:WTR): The stock opened at $31.1 and touched an intraday high of $31.6 on Wednesday. During the day, the stock corrected to an intraday low of $30.88, however, the bulls stepped in and pushed the price higher to close in the green at $31.13 with a gain of 0.06% for the day. The total traded volume for the day was 791,498. The stock had closed at $31.11 in the previous trading session.

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.

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