Advanced Drainage Systems Gets a Hold Rating from Barclays

By Ryan Adsit

In a report released today, Michael Dahl from Barclays maintained a Hold rating on Advanced Drainage Systems (NYSE: WMS), with a price target of $25. The company’s shares opened today at $25.15.

According to, Dahl is a 1-star analyst with an average return of -0.8% and a 55.1% success rate. Dahl covers the Consumer Goods sector, focusing on stocks such as Stanley Black & Decker Inc, Green Brick Partners, and Mohawk Industries.

Currently, the analyst consensus on Advanced Drainage Systems is Moderate Buy and the average price target is $26.67, representing a 6.0% upside.

In a report issued on February 8, Boenning & Scattergood also maintained a Hold rating on the stock.

Advanced Drainage Systems’ market cap is currently $1.39B and has a P/E ratio of 67.57. The company has a book value ratio of 5.0937.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is neutral on the stock.

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Advanced Drainage Systems, Inc. engages in the manufacture of thermoplastic corrugated pipe which provides suite of water management products and superior drainage solutions for use in the construction and infrastructure marketplace. It operates through the following segments: Domestic and International.