RBC Capital Maintains a Buy Rating on Mueller Water Products (MWA)


RBC Capital analyst Deane Dray maintained a Buy rating on Mueller Water Products (MWA) on August 6 and set a price target of $12. The company’s shares opened today at $10.20.

According to TipRanks.com, Dray is a 4-star analyst with an average return of 3.5% and a 53.9% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Gates Industrial Corp Plc, Emerson Electric Company, and Honeywell International.

Mueller Water Products has an analyst consensus of Moderate Buy, with a price target consensus of $11, representing a 7.8% upside. In a report issued on August 6, Boenning & Scattergood also upgraded the stock to Buy with a $12 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $12.17 and a one-year low of $8.47. Currently, Mueller Water Products has an average volume of 1.04M.

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is neutral 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.

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 following segments: Infrastructure, and Technologies.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts