Connecticut Water Service (CTWS) Raised to “Buy” at BidaskClub
Connecticut Water Service (NASDAQ:CTWS) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.
Other research analysts have also recently issued research reports about the company. Evercore ISI started coverage on Connecticut Water Service in a research note on Monday, September 17th. They issued an “inline” rating and a $67.00 target price for the company. UBS Group cut Connecticut Water Service from a “neutral” rating to a “sell” rating in a research note on Wednesday, August 29th. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $60.00.
CTWS opened at $69.85 on Friday. The company has a market capitalization of $831.24 million, a PE ratio of 37.18 and a beta of -0.05. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.61 and a quick ratio of 0.60. Connecticut Water Service has a 52 week low of $48.86 and a 52 week high of $70.00.
About Connecticut Water Service
Connecticut Water Service, Inc, together with its subsidiaries, operates as a regulated water company. The company operates through three segments: Water Operations, Real Estate Transactions, and Services and Rentals. The Water Operations segment supplies public drinking water. The Real Estate Transactions segment is involved in the sale or donation of its real estate holdings.
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