In a report released today, Bryan Blair from Oppenheimer maintained a Hold rating on Mueller Water Products (MWA – Research Report). The company’s shares closed today at $13.71.
According to TipRanks, Blair is a 5-star analyst with an average return of 19.0% and a 65.05% success rate. Blair covers the Industrials sector, focusing on stocks such as Carlisle Companies, Mueller Water Products, and SPX.
The word on The Street in general, suggests a Hold analyst consensus rating for Mueller Water Products with a $14.00 average price target, a 2.12% upside from current levels. In a report released on August 8, D.A. Davidson also assigned a Hold rating to the stock with a $14.00 price target.
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Based on Mueller Water Products’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $326.6 million and a net profit of $24.5 million. In comparison, last year the company earned a revenue of $333.2 million and had a net profit of $26.5 million
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Mueller Water Products, Inc. engages in the manufacture and sale of products used in the transmission, distribution and measurement of water. It operates though the following segments: Infrastructure, and Technologies. The Infrastructure segment involves in the manufacture of valves for water and gas systems including butterfly, iron gate, tapping, check, knife, plug and ball valves, and dry-barrel and wet-barrel fire hydrants. The Technologies segment offers metering, leak detection, pipe condition assessment, and other products and services for the water infrastructure industry. The company was founded in 1857 and is headquartered in Atlanta, GA.
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