MUELLER WATER PRODUCTS (NYSE:MWA) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.69 by 13 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold.
MUELLER WATER PRODUCTS (NYSE:MWA): The mean short term price target for MUELLER WATER PRODUCTS (NYSE:MWA) has been established at $11.73 per share. The higher price target estimate is at $13 and the lower price target estimate is expected at $10 according to 11 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $0.88
MUELLER WATER PRODUCTS (NYSE:MWA) witnessed a decline in the market cap on Tuesday as its shares dropped 1.23% or 0.14 points. After the session commenced at $11.4, the stock reached the higher end at $11.41 while it hit a low of $11.19. With the volume soaring to 1,175,158 shares, the last trade was called at $11.25. The company has a 52-week high of $11.75. The company has a market cap of $1,817 million and there are 161,550,150 shares in outstanding. The 52-week low of the share price is $7.04.
Shares of Mueller Water Products, Inc. rose by 1.44% in the last five trading days and 8.28% for the last 4 weeks. Mueller Water Products, Inc. is up 17.41% in the last 3-month period. Year-to-Date the stock performance stands at 31.51%.
Mueller Water Products, Inc., is a manufacturer and marketer of products and services used in the transmission, distribution and measurement of water. The Companys product portfolio includes engineered valves, fire hydrants, metering products and systems, leak detection and pipe condition assessment, which are used by municipalities, and residential and non-residential construction industries. The Company operates through two segments: Mueller Co. and Anvil. The Company helps municipalities increase operational efficiencies, improve customer service and prioritize capital spending. Mueller Co. manufactures valves for water and gas systems, including iron gate, butterfly, tapping, check, plug and ball valves, dry-barrel and wet-barrel fire hydrants, and metering systems. The Company also manufactures fittings and couplings, including cast iron fittings, malleable iron fittings and unions, grooved fittings, threaded steel pipe coupling and nipples.