5 Analysts Have This to Say About Zurn Elkay Water
Portfolio Pulse from Benzinga Insights
Zurn Elkay Water (NYSE:ZWS) has received 5 analyst ratings in the last quarter, with 3 being bullish and 2 somewhat bullish. The company has an average 12-month price target of $27.0, a decrease of 2.7% from the previous average price target of $27.75.
June 29, 2023 | 2:01 pm
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NEUTRAL IMPACT
Zurn Elkay Water has received positive analyst ratings, which could boost investor confidence. However, the decrease in the average price target may indicate a potential downside.
Analyst ratings can significantly influence investor sentiment. The positive ratings for Zurn Elkay Water indicate a positive outlook for the company. However, the decrease in the average price target from $27.75 to $27.0 could suggest that analysts see a potential downside in the short term. This mixed signal makes the short term impact neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100