In a report released yesterday, Daniel Arias from Stifel Nicolaus maintained a Hold rating on Waters (WAT – Research Report), with a price target of $332.00. The company’s shares closed yesterday at $323.80.
Arias covers the Healthcare sector, focusing on stocks such as Bruker, Agilent, and Repligen. According to TipRanks, Arias has an average return of -9.0% and a 38.95% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Waters with a $328.60 average price target, a 1.48% upside from current levels. In a report released yesterday, Robert W. Baird also maintained a Hold rating on the stock with a $312.00 price target.
The company has a one-year high of $363.80 and a one-year low of $231.90. Currently, Waters has an average volume of 414.4K.
Based on the recent corporate insider activity of 16 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 WAT in relation to earlier this year.
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Waters (WAT) Company Description:
Waters Corp. is a measurement company, which engages in the analytical workflow solutions involving liquid chromatography, mass spectrometry and thermal analysis innovations. It operates through Waters and TA segments. The Waters segment designs, manufactures, distributes and services liquid chromatography and ultra performance liquid chromatography instruments, columns and other chemistry consumables that can be integrated and used along with other analytical instruments. The TA Instruments segment designs, manufactures, distributes and services thermal analysis, rheometry and calorimetry instruments. The company was founded by James Logan Waters in 1958 and is headquartered in Milford, MA.
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