American Water Works (AWK) : 11 analysts are covering American Water Works (AWK) and their average rating on the stock is 2.36, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. American Water Works (AWK) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
American Water Works (AWK) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $90 and the lowest price target forecast is $62. The average forecast of all the analysts is $77.5 and the expected standard deviation is $12.33.
For the current week, the company shares have a recommendation consensus of Buy.
American Water Works (NYSE:AWK): The stock opened at $82.13 on Wednesday but the bulls could not build on the opening and the stock topped out at $82.30 for the day. The stock traded down to $81.03 during the day, due to lack of any buying support eventually closed down at $81.17 with a loss of -1.10% for the day. The stock had closed at $82.07 on the previous day. The total traded volume was 1,069,001 shares.
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).