On May 9, 2025, Raymond James released an update regarding Select Water Solutions (WTTR, Financial), maintaining its "Strong Buy" rating. The announcement was made by analyst James Rollyson, who has a history of covering the company.
Despite maintaining the same rating, Raymond James has decided to lower the price target for Select Water Solutions (WTTR, Financial) from USD 19.00 to USD 16.00. This adjustment reflects a 15.79% decrease in the projected price target.
Investors and stakeholders are advised to note that the "Strong Buy" rating persists, suggesting continued confidence in Select Water Solutions (WTTR, Financial) despite the updated valuation.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Select Water Solutions Inc (WTTR, Financial) is $16.20 with a high estimate of $18.00 and a low estimate of $12.00. The average target implies an upside of 97.80% from the current price of $8.19. More detailed estimate data can be found on the Select Water Solutions Inc (WTTR) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, Select Water Solutions Inc's (WTTR, Financial) average brokerage recommendation is currently 1.6, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Select Water Solutions Inc (WTTR, Financial) in one year is $9.19, suggesting a upside of 12.21% from the current price of $8.19. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Select Water Solutions Inc (WTTR) Summary page.
