Oppenheimer analyst Bryan Blair maintained a Buy rating on Mueller Water Products (NYSE:MWA) on Friday, setting a price target of $12, which is approximately 2.60% below the present share price of $12.32.
Blair expects Mueller Water Products to post earnings per share (EPS) of $0.17 for the first quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Mueller Water Products, with an average price target of $13.38.
The analysts price targets range from a high of $16 to a low of $11.5.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $265.3 million and a net profit of $28.8 million. The company's market cap is $1.95 billion.
According to TipRanks.com, Oppenheimer analyst Bryan Blair is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 18.2% and a 67.80% success rate.
Mueller Water Products, Inc. engages in the manufacture and sale of products used in the transmission, distribution and measurement of water. It operates though the following segments: Infrastructure, and Technologies. The Infrastructure segment involves in the manufacture of valves for water and gas systems including butterfly, iron gate, tapping, check, knife, plug and ball valves, and dry-barrel and wet-barrel fire hydrants. The Technologies segment offers metering, leak detection, pipe condition assessment, and other products and services for the water infrastructure industry. The company was founded in 1857 and is headquartered in Atlanta, GA.