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Analysts Offer Insights on Utilities Companies: Watts Water Technologies (WTS) and Itron (ITRI)

Analysts fell to the sidelines weighing in on Watts Water Technologies (WTSResearch Report) and Itron (ITRIResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Watts Water Technologies (WTS)

Goldman Sachs analyst Brian K. Lee maintained a Hold rating on Watts Water Technologies yesterday. The company’s shares closed last Thursday at $185.61, close to its 52-week high of $192.93.

According to TipRanks.com, Lee is a 4-star analyst with an average return of 4.2% and a 45.1% success rate. Lee covers the Technology sector, focusing on stocks such as Shoals Technologies Group, SolarEdge Technologies, and Array Technologies.

Watts Water Technologies has an analyst consensus of Hold, with a price target consensus of $181.33, a -0.2% downside from current levels. In a report issued on October 19, Stifel Nicolaus also maintained a Hold rating on the stock with a $190.00 price target.

See the top stocks recommended by analysts >>

Itron (ITRI)

Piper Sandler analyst Kashy Harrison reiterated a Hold rating on Itron today and set a price target of $72.00. The company’s shares closed last Thursday at $64.10.

According to TipRanks.com, Harrison ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -17.8% and a 31.7% success rate. Harrison covers the NA sector, focusing on stocks such as Sunnova Energy International, Ballard Power Systems, and Fluence Energy.

Currently, the analyst consensus on Itron is a Hold with an average price target of $77.50, representing a 24.3% upside. In a report issued on October 19, Robert W. Baird also maintained a Hold rating on the stock with a $68.00 price target.

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