American Water Works (NYSE:AWK) 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 2.3 by 10 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Boenning & Scattergood downgrades its rating on American Water Works (NYSE:AWK). Analysts at the Boenning & Scattergood have a current rating of Neutral on the shares. The shares were previously rated Outperform. The rating by the firm was issued on June 6, 2016.
American Water Works (NYSE:AWK) shares are expected to touch $70.67 in the short term. This short term price target has been shared by 6 analysts. However, the standard deviation of short term price estimate has been valued at 7.58. The target price could hit $80 on the higher end and $62 on the lower end.
American Water Works (NYSE:AWK) rose 0.71% or 0.55 points on Tuesday and made its way into the gainers of the day. After trading began at $77.8 the stock was seen hitting $78.55 as a peak level and $77.36 as the lowest level. The stock ended up at $78.15. The daily volume was measured at 1,250,834 shares. The 52-week high of the share price is $78.79 and the 52-week low is $48.36. The company has a market cap of $13,888 million.
Shares of American Water Works Company, Inc. rose by 0.17% in the last five trading days and 6.46% for the last 4 weeks. American Water Works Company, Inc. is up 16.17% in the last 3-month period. Year-to-Date the stock performance stands at 32.14%.
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).