American Water (AWK) Receives a Buy from Robert W. Baird

By Carrie Williams

In a report released today, Ben Kallo from Robert W. Baird maintained a Buy rating on American Water (AWKResearch Report), with a price target of $104. The company’s shares opened today at $96.88, close to its 52-week high of $98.18.

According to, Kallo is a 5-star analyst with an average return of 7.8% and a 57.8% success rate. Kallo covers the Consumer Goods sector, focusing on stocks such as Cabot Corporation, Bunge Limited, and Polyone Corp.

Currently, the analyst consensus on American Water is a Strong Buy with an average price target of $101.25, which is a 4.5% upside from current levels. In a report released today, Wells Fargo also reiterated a Buy rating on the stock with a $104 price target.


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American Water’s market cap is currently $18.33B and has a P/E ratio of 38.31. The company has a Price to Book ratio of 3.13.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is neutral on the stock. Last month, Walter Lynch, the EVP & COO of AWK sold 5,000 shares for a total of $458,450.

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American Water Works Co., Inc. engages in the provision of complementary water and wastewater services. It operates through the following segments: Regulated Businesses, Market-Based Businesses, and Other. The Regulated Businesses segment provides water and wastewater services to customers.