Aqua America (NYSE:WTR) 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 2.56 by 9 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Argus Research maintains its rating on Aqua America (NYSE:WTR). The global brokerage major removes the current price target from $34 per share to $35 per share. Analysts at the Argus Research have a current rating of Buy on the shares. The rating by the firm was issued on March 21, 2016.
Aqua America (NYSE:WTR) stock has received a short term price target of $ 32 from 5 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $3.46. The higher estimate of target price is $35 , while the lower price target estimate is $27
Aqua America (NYSE:WTR) witnessed a decline in the market cap on Tuesday as its shares dropped 0.06% or 0.02 points. After the session commenced at $33.67, the stock reached the higher end at $33.845 while it hit a low of $33.45. With the volume soaring to 819,345 shares, the last trade was called at $33.67. The company has a 52-week high of $34.31. The company has a market cap of $5,969 million and there are 177,271,650 shares in outstanding. The 52-week low of the share price is $24.4.
Aqua America Inc. has dropped 1.43% in the last five trading days, however, the shares have posted positive gains of 6.55% in the last 4 weeks. Aqua America Inc. is up 7.47% in the last 3-month period. Year-to-Date the stock performance stands at 14.24%.
Aqua America, Inc. is a holding company. The Company, through its subsidiaries, provides water or wastewater services in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, and Virginia. Its largest operating subsidiary is Aqua Pennsylvania, Inc., which provides water or wastewater services to approximately one-half of the total number of people the Company serves. Its other regulated utility subsidiaries provide similar services in seven other states. In addition, its non-regulated subsidiary, Aqua Resources Inc., provides liquid waste hauling and disposal; water and wastewater services; water and wastewater line repair service and protection solutions to households; designs and builds water and wastewater systems, and provides other non-regulated water and wastewater services, among others. The Companys non-regulated subsidiary, Aqua Infrastructure LLC, provides non-utility raw water supply services for firms in the natural gas drilling industry.