American Water Works (AWK) Receives Analyst Rating

American Water Works (AWK) : Zacks Investment Research ranks American Water Works (AWK) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2.36, which indicates as a Buy.

American Water Works (AWK) : The most positive equity analysts on American Water Works (AWK) expects the shares to touch $90, whereas, the least positive believes that the stock will trade at $72 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $80.2 with an expected fluctuation of $6.5 from the mean.


Also, In the latest statement by the brokerage house, Barclays maintains its outlook on American Water Works (NYSE:AWK). The current rating of the shares is Overweight, according to the research report released by the firm. The brokerage firm lowers the price target from $87 per share to $81 per share. The rating by the firm was issued on September 6, 2016.

American Water Works (NYSE:AWK): After opening at $73.22, the stock dipped to an intraday low of $73.12 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $73.87 and the buying power remained strong till the end. The stock closed at $73.72 for the day, a gain of 0.61% for the day session. The total traded volume was 899,034. The stocks close on the previous trading day was $73.27.

American Water Works Company, Inc. is a water and wastewater utility holding company. Through its subsidiaries, the Company provides drinking water, wastewater and other water related services to approximately 15 million people in approximately 47 states of the United States and one Canadian province. The Company has two operating segments: the Regulated Businesses and the Market-Based Operations. The Regulated Businesses segment owns subsidiaries that provide water and wastewater utility services to residential, commercial, industrial and other customers. The Market-Based Operations segment provides water and wastewater services to military bases, municipalities, industrial, commercial and residential customers that are not subject to economic regulation by state Public Utility Commissions (PUC). The Companys subsidiaries include Illinois-American Water Company (ILAWC), American Lake Water Company and West Virginia-American Water Company (WVAWC).

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