In a report released today, Bryan Blair from Oppenheimer maintained a Hold rating on Watts Water Technologies (WTS – Research Report). The company’s shares opened today at $190.28.
According to TipRanks, Blair is a 5-star analyst with an average return of 20.0% and a 67.82% success rate. Blair covers the Industrials sector, focusing on stocks such as Timken Company, Carlisle Companies, and Dover.
Watts Water Technologies has an analyst consensus of Hold, with a price target consensus of $180.80, which is a -4.98% downside from current levels. In a report released on August 4, Stifel Nicolaus also maintained a Hold rating on the stock with a $191.00 price target.
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The company has a one-year high of $192.93 and a one-year low of $120.07. Currently, Watts Water Technologies has an average volume of 108.6K.
Based on the recent corporate insider activity of 65 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.
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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.
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