Analyst Rating Update on MUELLER WATER PRODUCTS (MWA)

MUELLER WATER PRODUCTS (NYSE:MWA) : 13 analysts are covering MUELLER WATER PRODUCTS (NYSE:MWA) and their average rating on the stock is 1.69, which is read as a Buy. 8 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. MUELLER WATER PRODUCTS (NYSE:MWA) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

MUELLER WATER PRODUCTS (NYSE:MWA) stock is expected to deviate a maximum of $0.88 from the average target price of $11.73 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $13 and the most muted being $10.

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

MUELLER WATER PRODUCTS (NYSE:MWA): stock turned positive on Tuesday. Though the stock opened at $10.73, the bulls momentum made the stock top out at $10.8172 level for the day. The stock recorded a low of $10.63 and closed the trading day at $10.76, in the green by 1.22%. The total traded volume for the day was 1,345,983. The stock had closed at $10.63 in the previous days trading.

In an insider trading activity, 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, 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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