MUELLER WATER PRODUCTS (MWA) has an average broker rating of 1.75, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
MUELLER WATER PRODUCTS (MWA) : 10 investment research analysts covering MUELLER WATER PRODUCTS (MWA) have an average price target of $11.65 for the near short term. The highest target price given by the Brokerage Firm to the stock is $13 and the lowest target is $10 for the short term. Analysts expect the variance to be within $0.88 of the average price.
For the current week, the company shares have a recommendation consensus of Buy.
MUELLER WATER PRODUCTS (NYSE:MWA): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.00 and $11.92 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.07. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.93, notching a gain of 0.68% for the day. The total traded volume was 1,167,526 . The stock had closed at $11.85 on the previous day.
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.