Shares of Evoqua Water Technologies Corp. (NYSE:AQUA – Get Rating) have been assigned a consensus rating of "Moderate Buy" from the eight ratings firms that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $45.67.

AQUA has been the topic of a number of research reports. TheStreet raised shares of Evoqua Water Technologies from a "c+" rating to a "b" rating in a report on Tuesday, August 16th. Credit Suisse Group lifted their target price on shares of Evoqua Water Technologies from $43.00 to $44.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 3rd. Stifel Nicolaus lowered their price objective on shares of Evoqua Water Technologies from $55.00 to $43.00 in a research note on Wednesday, July 20th. Finally, Royal Bank of Canada reduced their price objective on shares of Evoqua Water Technologies from $45.00 to $44.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 3rd.

Hedge Funds Weigh In On Evoqua Water Technologies

A number of large investors have recently bought and sold shares of AQUA. Amundi increased its position in Evoqua Water Technologies by 103.0% during the 2nd quarter. Amundi now owns 1,298,351 shares of the company's stock valued at $42,238,000 after purchasing an additional 658,878 shares during the period. Verition Fund Management LLC purchased a new position in shares of Evoqua Water Technologies in the second quarter worth $859,000. Prelude Capital Management LLC grew its stake in Evoqua Water Technologies by 33.0% during the 2nd quarter. Prelude Capital Management LLC now owns 13,968 shares of the company's stock valued at $454,000 after purchasing an additional 3,464 shares during the last quarter. Legal & General Group Plc raised its position in Evoqua Water Technologies by 3.3% during the 2nd quarter. Legal & General Group Plc now owns 266,963 shares of the company's stock worth $8,679,000 after buying an additional 8,437 shares during the last quarter. Finally, Centiva Capital LP acquired a new stake in Evoqua Water Technologies during the 2nd quarter worth about $397,000. Hedge funds and other institutional investors own 93.40% of the company's stock.

Evoqua Water Technologies Trading Up 1.5 %

Evoqua Water Technologies Company Profile

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Evoqua Water Technologies Corp. provides water and wastewater treatment systems and technologies, and mobile and emergency water supply solutions and contract services for industrial, commercial, and municipal water treatment markets in the United States and internationally. It operates in two segments, Integrated Solutions and Services, and Applied Product Technologies.

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