California Water Service Group Holding (CWT) Receives Price Target

California Water Service Group Holding (CWT) : 4 Wall Street analysts covering California Water Service Group Holding (CWT) believe that the average level the stock could reach for the short term is $32.75. The maximum price target given is $34 and the minimum target for short term is around $31, hence the standard deviation is calculated at $1.26.

California Water Service Group Holding (CWT) has an average broker rating of 3, which is interpreted as a Hold, as rated by 6 equity analysts. 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 3, which is also a Hold.


California Water Service Group Holding (NYSE:CWT): The stock opened at $30.46 on Thursday but the bulls could not build on the opening and the stock topped out at $30.56 for the day. The stock traded down to $30.19 during the day, due to lack of any buying support eventually closed down at $30.34 with a loss of -0.49% for the day. The stock had closed at $30.49 on the previous day. The total traded volume was 104,581 shares.

California Water Service Group is a holding company. The Company through its wholly owned subsidiaries provides water utility and other related services in California, Washington, New Mexico and Hawaii. It operates through six operating subsidiaries: California Water Service Company (Cal Water), New Mexico Water Service Company (New Mexico Water), Washington Water Service Company (Washington Water), Hawaii Water Service Company, Inc. (Hawaii Water), and CWS Utility Services and HWS Utility Services LLC (collectively, Utility Services). Utility Services provides non-regulated services to private companies and municipalities. Its business consists of the production, purchase, storage, treatment, testing, distribution and sale of water for domestic, industrial, public and irrigation uses, and for fire protection. Its non-regulated services include full water system operation, billing and meter reading services.

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