Badger Meter (BMI) Gets a Hold Rating from Boenning & Scattergood


Boenning & Scattergood analyst Ryan Connors maintained a Hold rating on Badger Meter (BMI) today. The company’s shares opened today at $55.03, close to its 52-week high of $57.12.

According to TipRanks.com, Connors is a 4-star analyst with an average return of 6.6% and a 61.7% success rate. Connors covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Mueller Water Products, and Mueller Industries.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Badger Meter with a $55.50 average price target.

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The company has a one-year high of $57.12 and a one-year low of $41. Currently, Badger Meter has an average volume of 122.5K.

Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is neutral on the stock.

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Badger Meter, Inc. engages in the provision of flow measurement, control products, and communications solutions that serves water utilities, municipalities, and commercial and industrial customers worldwide. Its products are classified into two categories: Municipal Water and Flow Instrumentation.

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