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Oppenheimer analyst Jim Giannakouros maintained a Buy rating on Mueller Water Products (NYSE: MWA) yesterday. The company’s shares closed yesterday at $10.06, close to its 52-week low of $9.59.
According to TipRanks.com, Giannakouros is a 3-star analyst with an average return of 4.6% and a 49.0% success rate. Giannakouros covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and Carlisle Companies Inc.
Mueller Water Products has an analyst consensus of Moderate Sell, with a price target consensus of $10.
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Based on Mueller Water Products’ latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $55.1 million. In comparison, last year the company had a net profit of $5.4 million.
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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.
