Mueller Water Products Receives a Hold from Boenning & Scattergood

In a report released today, Ryan Connors from Boenning & Scattergood maintained a Hold rating on Mueller Water Products (NYSE: MWA). The company’s shares closed yesterday at $10.06, close to its 52-week low of $9.59.

According to TipRanks.com, Connors is a 4-star analyst with an average return of 9.2% and a 67.3% success rate. Connors covers the Industrial Goods sector, focusing on stocks such as Watts Water Technologies, Franklin Electric Co, and Flowserve Corp.

Mueller Water Products has an analyst consensus of Hold, with a price target consensus of $10.

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Mueller Water Products’ market cap is currently $1.59B and has a P/E ratio of 15.64. The company has a Price to Book ratio of 2.99.

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Mueller Water Products, Inc. engages in the manufacture and sale of products used in the transmission, distribution and measurement of water. It operates though the Infrastructure and Technologies segments.