Consolidated Water (NASDAQ:CWCO – Get Rating) was downgraded by stock analysts at Janney Montgomery Scott from a “buy” rating to a “neutral” rating in a report released on Wednesday, The Fly reports. They presently have a $19.00 target price on the utilities provider’s stock.
Other analysts also recently issued research reports about the stock. TheStreet upgraded shares of Consolidated Water from a “c+” rating to a “b” rating in a report on Thursday, April 6th. StockNews.com upgraded shares of Consolidated Water from a “hold” rating to a “buy” rating in a report on Saturday, April 8th. Finally, Roth Capital reiterated a “buy” rating on shares of Consolidated Water in a report on Tuesday, April 4th.
Consolidated Water Stock Performance
Shares of NASDAQ CWCO opened at $19.00 on Wednesday. The company has a 50 day simple moving average of $16.54 and a 200-day simple moving average of $15.72. Consolidated Water has a 1 year low of $11.82 and a 1 year high of $20.58.
Institutional Investors Weigh In On Consolidated Water
Consolidated Water Company Profile
Consolidated Water Co Ltd. engages in the development and operation of seawater desalination plants and water distribution systems. It operates through the following segments: Retail, Bulk, Services, and Manufacturing. The Retail segment operates the water utility for the Seven Mile Beach and West Bay areas of Grand Cayman Islands.
- Get a free copy of the StockNews.com research report on Consolidated Water (CWCO)
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