In recent developments, UBS has updated their outlook on American Water Works Co (AWK, Financial) by raising the price target while maintaining a neutral stance on the stock. According to the latest analyst report from UBS, the price target for AWK has been adjusted from $154.00 to $156.00 USD. This represents a 1.30% increase from the previous price target.
Analyst Gregg Orrill, representing UBS, has opted to keep their rating for American Water Works Co (AWK, Financial) unchanged at "Neutral". Despite the adjustment in the price target, the neutral rating indicates a balanced outlook, suggesting neither a strong buy nor sell recommendation at this point.
These updates come as UBS continues to monitor market conditions and other factors influencing the performance and valuation of American Water Works Co (AWK, Financial). Investors and stakeholders may consider these adjustments when making informed decisions regarding their positions in the company.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for American Water Works Co Inc (AWK, Financial) is $142.80 with a high estimate of $159.00 and a low estimate of $117.00. The average target implies an upside of 0.10% from the current price of $142.66. More detailed estimate data can be found on the American Water Works Co Inc (AWK) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, American Water Works Co Inc's (AWK, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" 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 American Water Works Co Inc (AWK, Financial) in one year is $167.67, suggesting a upside of 17.53% from the current price of $142.66. 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 American Water Works Co Inc (AWK) Summary page.
