Analyst Price Target Update on MUELLER WATER PRODUCTS (NYSE:MWA)

MUELLER WATER PRODUCTS (NYSE:MWA): The stock price is expected to reach $ 11.73 in the short term. The number of analysts agreeing with this consensus is 11. The higher estimate for the short term price target is at $13 while the lower estimate is at $10. The standard deviation of the price stands at $0.88.

For the current week, the company shares have a recommendation consensus of Buy.

On the companys insider trading activities, Fish Thomas E, officer (President, Anvil) of Mueller Water Products, Inc., unloaded 65,000 shares at an average price of $9.2 on February 23, 2015. The total amount of the transaction was worth $598,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

MUELLER WATER PRODUCTS (NYSE:MWA) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.27 points or 2.38% at $11.09 with 1,539,272 shares getting traded. Post opening the session at $11.27, the shares hit an intraday low of $11.03 and an intraday high of $11.29 and the price was in this range throughout the day. The company has a market cap of $1,792 million and the number of outstanding shares have been calculated to be 161,550,150 shares. The 52-week high of MUELLER WATER PRODUCTS (NYSE:MWA) is $11.75 and the 52-week low is $7.04.

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.

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