MUELLER WATER PRODUCTS – Consensus Indicates Potential 19.1% Upside

Broker Ratings
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MUELLER WATER PRODUCTS with ticker code (MWA) now have 8 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 20 and 12 calculating the average target price we see 15.38. With the stocks previous close at 12.91 this would imply there is a potential upside of 19.1%. There is a 50 day moving average of 12.7 and the 200 day MA is 14.34. The market capitalisation for the company is $2,000m. Company Website: https://www.muellerwaterproducts.com

The potential market cap would be $2,383m based on the market concensus.

Mueller Water Products Inc. manufactures and markets products and services used in the transmission, distribution, and measurement of water in North America and internationally. Its products and services are used by municipalities, and the residential and non-residential construction industries. It operates through two segments, Infrastructure and Technologies. The company’s Infrastructure segment manufactures and sells valves for water and gas systems, including iron gate, butterfly, tapping, check, knife, plug, automatic control, and ball valves; and dry-barrel and wet-barrel fire hydrants and service brass products, as well as a line of pipe repair products, such as clamps and couplings used to repair leaks. This segment offers its products under Canada Valve, Centurion, Ez-Max, Hydro Gate, Hydro-Guard, HYMAX, HYMAX VERSA, Jones, Krausz, Milliken, Mueller, Pratt, Pratt Industrial, Repamax, Repaflex, and Singer brands. Its Technologies segment offers residential and commercial water metering, water leak detection and pipe condition assessment products, systems, and services. It offers products under Echologics, Echoshore, ePulse, Hersey, LeakFinderRT, LeakFinderST, LeakListener, LeakTuner, Mi.Echo, Mi.Data, Mi.Hydrant, Mi.Net, Mueller Systems, and Sentryx brands. The company was founded in 1857 and is headquartered in Atlanta, Georgia.

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