Consolidated Water Co. Ltd. (CWCO) Given a $15.00 Price Target by Roth Capital Analysts

Consolidated Water Co. Ltd. (NASDAQ:CWCO) has been given a $15.00 target price by Roth Capital in a report issued on Monday. The brokerage presently has a “buy” rating on the utilities provider’s stock. Roth Capital’s target price suggests a potential upside of 27.66% from the stock’s current price.

Several other analysts have also issued reports on CWCO. Zacks Investment Research lowered shares of Consolidated Water Co. from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. TheStreet lowered shares of Consolidated Water Co. from a “b” rating to a “c+” rating in a research report on Wednesday, November 1st.

Consolidated Water Co. (NASDAQ CWCO) opened at $11.75 on Monday. The stock has a market cap of $169.88, a PE ratio of 20.73, a price-to-earnings-growth ratio of 2.67 and a beta of 0.87. Consolidated Water Co. has a twelve month low of $9.80 and a twelve month high of $13.50.

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Institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada boosted its position in shares of Consolidated Water Co. by 21.0% in the second quarter. Royal Bank of Canada now owns 8,382 shares of the utilities provider’s stock worth $104,000 after purchasing an additional 1,452 shares during the period. American International Group Inc. lifted its holdings in shares of Consolidated Water Co. by 7.1% in the first quarter. American International Group Inc. now owns 8,953 shares of the utilities provider’s stock worth $104,000 after buying an additional 593 shares in the last quarter. Alliancebernstein L.P. purchased a new position in shares of Consolidated Water Co. in the second quarter worth $135,000. Essex Financial Services Inc. lifted its holdings in shares of Consolidated Water Co. by 186.7% in the third quarter. Essex Financial Services Inc. now owns 14,159 shares of the utilities provider’s stock worth $181,000 after buying an additional 9,221 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of Consolidated Water Co. by 4.1% in the second quarter. Rhumbline Advisers now owns 16,577 shares of the utilities provider’s stock worth $206,000 after buying an additional 660 shares in the last quarter. Institutional investors and hedge funds own 46.28% of the company’s stock.

About Consolidated Water Co.

Consolidated Water Co Ltd. develops and operates seawater desalination plants (that utilize reverse osmosis technology) and water distribution systems in areas where naturally occurring supplies of potable water are scarce or non-existent. The Company operates in three segments: retail water operations, bulk water operations and services operations.

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