Itron (ITRI) Receives a Buy from Oppenheimer


In a report released today, Noah Kaye from Oppenheimer assigned a Buy rating to Itron (ITRI). The company’s shares opened today at $54.32.

According to TipRanks.com, Kaye is a 4-star analyst with an average return of 4.2% and a 55.3% success rate. Kaye covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation Inc, Caterpillar, and BorgWarner.

Itron has an analyst consensus of Moderate Buy, with a price target consensus of $70.17.

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The company has a one-year high of $77.40 and a one-year low of $44.35. Currently, Itron has an average volume of 235.3K.

Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Itron, Inc. is a technology and services company, which engages in the provision of solutions that measure, manage, and analyze energy and water use. It operates through the following segments: Electricity, Gas, and Water.

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