Seaport Global analyst Walter Liptak reiterated a Hold rating on Watts Water Technologies (NYSE: WTS) today and set a price target of $83. The company’s shares opened today at $86.35, close to its 52-week high of $88.85.
According to TipRanks.com, Liptak is a 4-star analyst with an average return of 9.1% and a 62.3% success rate. Liptak covers the Industrial Goods sector, focusing on stocks such as John Bean Technologies, Franklin Electric Co, and Gibraltar Industries.
Watts Water Technologies has an analyst consensus of Hold, with a price target consensus of $82.50, representing a -4.5% downside. In a report released today, Boenning & Scattergood also maintained a Hold rating on the stock.
.
See today’s analyst top recommended stocks >>
The company has a one-year high of $88.85 and a one-year low of $59.15. Currently, Watts Water Technologies has an average volume of 117.4K.
Based on the recent corporate insider activity of 64 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.
Watts Water Technologies, Inc. engages in the manufacture and provision of products for water conservation, safety, and flow control. It operates through the following geographic segments: Americas, Europe, and APMEA. Its services include plumbing and flow control solutions, water quality and conditioning, water reuse and drainage, heating, ventilation, and air conditioning, and municipal waterworks. The company was founded in 1985 and is headquartered in North Andover, MA.
