Brokerage Firm Rating Update on Itron (ITRI)

Itron (ITRI) : 2 brokerage houses believe that Itron (ITRI) is a Strong Buy at current levels. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Itron (ITRI). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 5 Wall Street Analysts endorse the stock as a Buy with a rating of 2.2.

Itron (ITRI) : 2 investment research analysts covering Itron (ITRI) have an average price target of $50.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $56 and the lowest target is $45 for the short term. Analysts expect the variance to be within $7.78 of the average price.


For the current week, the company shares have a recommendation consensus of Buy.

Itron (NASDAQ:ITRI): The stock opened at $53.92 and touched an intraday high of $54.23 on Wednesday. During the day, the stock corrected to an intraday low of $53.56, however, the bulls stepped in and pushed the price higher to close in the green at $54.18 with a gain of 0.41% for the day. The total traded volume for the day was 251,803. The stock had closed at $53.96 in the previous trading session.

Itron, Inc. (Itron) is a technology and service company, offering metering solutions to electric, natural gas, and water utilities around the world. The Company provides solutions that measure, manage, and analyze energy and water use. The Company operates in three segments: Electricity, which is the is the supplier of electricity metering solutions, including standard meters and advanced and smart metering systems; Gas, which is the supplier of gas metering solutions, including standard meters and advanced and smart metering systems, and Water, which is the supplier of standard and advanced water meters and communication modules. Its applications include residential and commercial industrial markets for water and heat. Its services include licensing meter data management and analytics software, managed services, software-as-service (hosted software), technical support services, licensing hardware technology and consulting services.

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