Wells Fargo analyst Jonathan Reeder maintained a Hold rating on American Water (AWK) today. The company’s shares closed last Monday at $118.43.
According to TipRanks.com, Reeder is a 3-star analyst with an average return of 10.3% and a 65.0% success rate. Reeder covers the Utilities sector, focusing on stocks such as American States Water Company, California Water Service, and Pnm Resources.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for American Water with a $121.67 average price target, representing a 0.9% upside. In a report released today, J.P. Morgan also maintained a Hold rating on the stock with a $129.00 price target.
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The company has a one-year high of $129.89 and a one-year low of $85.89. Currently, American Water has an average volume of 933.5K.
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American Water Works Co., Inc. engages in the provision of complementary water and wastewater services. It operates through the following segments: Regulated Businesses, Market-Based Businesses, and Other. The Regulated Businesses segment provides water and wastewater services to customers.
