Evoqua Water Technologies Corp (NYSE:AQUA) has been assigned a consensus recommendation of “Buy” from the nine research firms that are currently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $21.38.
A number of analysts have recently weighed in on AQUA shares. Cowen downgraded shares of Evoqua Water Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday, October 31st. Raymond James cut their price target on shares of Evoqua Water Technologies from $26.00 to $18.00 and set a “strong-buy” rating for the company in a report on Wednesday, October 31st. Citigroup cut their price target on shares of Evoqua Water Technologies from $25.00 to $14.00 and set a “buy” rating for the company in a report on Wednesday, October 31st. Finally, Berenberg Bank started coverage on shares of Evoqua Water Technologies in a report on Wednesday, October 3rd. They set a “hold” rating and a $19.00 price target for the company.
NYSE AQUA traded up $0.10 during trading on Wednesday, reaching $8.50. The company’s stock had a trading volume of 42,054 shares, compared to its average volume of 794,254. Evoqua Water Technologies has a 12 month low of $8.23 and a 12 month high of $25.36.
A number of large investors have recently modified their holdings of AQUA. State Board of Administration of Florida Retirement System bought a new position in Evoqua Water Technologies in the 3rd quarter valued at approximately $192,000. John G Ullman & Associates Inc. bought a new position in Evoqua Water Technologies in the 3rd quarter valued at approximately $222,000. Amalgamated Bank bought a new position in Evoqua Water Technologies in the 2nd quarter valued at approximately $236,000. Teacher Retirement System of Texas bought a new position in Evoqua Water Technologies in the 2nd quarter valued at approximately $237,000. Finally, Royal Bank of Canada lifted its stake in Evoqua Water Technologies by 505.6% in the 1st quarter. Royal Bank of Canada now owns 11,997 shares of the company’s stock valued at $255,000 after purchasing an additional 10,016 shares during the last quarter.
About Evoqua Water Technologies
Evoqua Water Technologies Corp. provides a range of water and wastewater treatment systems and technologies, and mobile and emergency water supply solutions and services. It operates through three segments: Industrial, Municipal, and Products. The Industrial segment provides capital systems and related recurring aftermarket services, parts, and consumables for treating industrial process water, utility water, and wastewater.
See Also: What is the float in trading stocks?
Receive News & Ratings for Evoqua Water Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evoqua Water Technologies and related companies with MarketBeat.com's FREE daily email newsletter.