4 Analysts Have This To Say About Mueller Water Products
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on Mueller Water Products (NYSE:MWA), with recent ratings ranging from neutral to outperform. The average 12-month price target has increased to $18.75, up 19.66% from $15.67. Analyst actions include rating adjustments and target changes, reflecting a positive outlook on the company's performance, especially in revenue growth and financial health. Mueller Water Products, known for its water transmission and distribution products, shows strong market performance with significant revenue growth and efficient cost management.
May 08, 2024 | 2:01 pm
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POSITIVE IMPACT
Mueller Water Products has received mixed analyst ratings but an overall positive adjustment in price targets, indicating a bullish outlook based on strong revenue growth and financial metrics.
The increase in the average price target to $18.75, along with positive revenue growth and financial health metrics such as a high net margin and ROE, suggest analysts are optimistic about MWA's future performance. This optimism, reflected in the recent analyst actions and ratings, is likely to positively influence investor sentiment and the stock's short-term price movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100