Waters Corporation (WAT) : The highest short term price target forecast on Waters Corporation (WAT) is $173 and the lowest target price is $140. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $156.22 with a standard deviation of $10.64.
Waters Corporation (WAT) : The consensus on Waters Corporation (WAT) based on 12 analyst recommendation on the company stock is 2.61, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Also, Equity Analysts at the Barclays maintains the rating on Waters Corporation (NYSE:WAT). The brokerage firm has issued a Equalweight rating on the shares. The Analysts at the ratings agency raises the price target from $130 per share to $157 per share. The rating by the firm was issued on July 27, 2016.
Waters Corporation (NYSE:WAT): The stock opened at $157.42 on Thursday but the bulls could not build on the opening and the stock topped out at $158.25 for the day. The stock traded down to $155.77 during the day, due to lack of any buying support eventually closed down at $156.10 with a loss of -0.77% for the day. The stock had closed at $157.31 on the previous day. The total traded volume was 490,529 shares.
Waters Corporation (Waters) is an analytical instrument manufacturer. The Company designs, manufactures, distributes and services instrument systems, columns and other chemistry consumables that are integrated and used along with other analytical instruments. The Company has two segments: Waters Division and TA Division. The Waters Divisions products and services primarily consist of high performance liquid chromatography (HPLC), ultra performance liquid chromatography (UPLC and together with HPLC, referred to as LC), mass spectrometry (MS) and chemistry consumable products and related services. TA Divisions products and services primarily consist of thermal analysis, rheometry and calorimetry instrument systems and service sales. The Companys products are used by pharmaceutical, life science, biochemical, industrial, nutritional safety, environmental, academic and governmental customers working in research and development, quality assurance and other laboratory applications.