Brokerage Firm Rating Update on Waters Corporation (WAT)

Waters Corporation (WAT) : 3 brokerage houses believe that Waters Corporation (WAT) is a Strong Buy at current levels. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Waters Corporation (WAT). Zacks Investment Research suggests a Buy with a rank of 2. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 12 Wall Street Analysts endorse the stock as a Hold with a rating of 2.61.

Waters Corporation (WAT) : The highest short term price target forecast on Waters Corporation (WAT) is $173 and the lowest target price is $140. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $156.22 with a standard deviation of $10.64.


Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, Barclays maintains its rating on Waters Corporation (NYSE:WAT).The analysts at the brokerage house have a current rating of Equalweight on the shares. In a recent information released to the investors, Barclays raises the new price target from $130 per share to $157 per share. The rating by the firm was issued on July 27, 2016.

Waters Corporation (NYSE:WAT): The stock opened at $156.82 and touched an intraday high of $159.37 on Wednesday. During the day, the stock corrected to an intraday low of $156.22, however, the bulls stepped in and pushed the price higher to close in the green at $159.23 with a gain of 1.62% for the day. The total traded volume for the day was 832,048. The stock had closed at $156.69 in the previous trading session.

Waters Corporation (Waters) is an analytical instrument manufacturer. The Company designs, manufactures, distributes and services instrument systems, columns and other chemistry consumables that are integrated and used along with other analytical instruments. The Company has two segments: Waters Division and TA Division. The Waters Divisions products and services primarily consist of high performance liquid chromatography (HPLC), ultra performance liquid chromatography (UPLC and together with HPLC, referred to as LC), mass spectrometry (MS) and chemistry consumable products and related services. TA Divisions products and services primarily consist of thermal analysis, rheometry and calorimetry instrument systems and service sales. The Companys products are used by pharmaceutical, life science, biochemical, industrial, nutritional safety, environmental, academic and governmental customers working in research and development, quality assurance and other laboratory applications.

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