On May 13, 2025, Citigroup analyst Scott Gruber announced an update regarding Select Water Solutions (WTTR, Financial). Citigroup has decided to maintain its current 'Buy' rating for WTTR. Despite the unchanged rating, there has been a significant adjustment in the price target for the stock.
The price target for Select Water Solutions (WTTR, Financial) has been lowered from $18.00 to $14.00 USD, representing a decrease of 22.22%. This adjustment reflects Citigroup's latest assessment of the stock's potential performance in the current market environment.
The decision to maintain the 'Buy' rating suggests a continued positive outlook from Citigroup on Select Water Solutions (WTTR, Financial), even as the price target has been adjusted. Investors might consider this as an opportunity, keeping an eye on future developments with WTTR.
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 $16.00 with a high estimate of $18.00 and a low estimate of $11.00. The average target implies an upside of 82.34% from the current price of $8.78. 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 $9.07, suggesting a upside of 3.36% from the current price of $8.775. 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.
