HSBC upgraded shares of Aqua America (NYSE: WTR) from a neutral rating to an overweight rating in a research note released on Monday morning. They currently have $35.00 price target on the stock, up from their previous price target of $30.00.
A number of other analysts have also recently weighed in on WTR. Analysts at Robert W. Baird raised their price target on shares of Aqua America from $26.00 to $32.00 in a research note to investors on Tuesday, February 26th. Separately, analysts at Macquarie raised their price target on shares of Aqua America from $25.50 to $29.00 in a research note to investors on Tuesday, February 26th. They now have a neutral rating on the stock. Finally, analysts at Hilliard Lyons upgraded shares of Aqua America to a buy rating in a research note to investors on Tuesday, February 26th. They now have a $33.00 price target on the stock, up previously from $31.00.
Five research analysts have rated the stock with a buy rating, two have issued an overweight rating, and six have given a hold rating to the company’s stock. The company has a consensus rating of overweight and an average target price of $31.56.
Shares of Aqua America traded down 0.53% during mid-day trading on Monday, hitting $29.80. Aqua America has a one year low of $21.52 and a one year high of $30.33. The stock’s 50-day moving average is currently $28.03. The company has a market cap of $4.169 billion and a P/E ratio of 21.26.
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