In a report released today, Bryan Blair from Oppenheimer assigned a Hold rating to Watts Water Technologies (WTS). The company’s shares closed last Monday at $85.99.
According to TipRanks.com, Blair is a 3-star analyst with an average return of 3.9% and a 51.7% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Altra Industrial Motion, and Mueller Water Products.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Watts Water Technologies with a $88.50 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $114.45 and a one-year low of $69.02. Currently, Watts Water Technologies has an average volume of 157.1K.
Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WTS in relation to earlier this year.
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 Asia-Pacific, Middle East and Africa. 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.
