Shares of American Water Works Co, Inc. (AWK) have surpassed the average analyst 12-month target price of $180.80, currently trading at $180.90 per share. This milestone prompts analysts to consider either downgrading their price targets due to valuation or adjusting them higher based on positive business fundamentals.
Ten analysts contributed to the average price target, with individual targets ranging from a low of $159.00 to a high of $205.00. The standard deviation among these targets is $12.942, indicating varied outlooks on the stock’s future. As investor sentiment shifts with the stock’s performance exceeding the target, it raises questions about whether the price will continue to rise or if it’s a signal to reduce holdings.
Current analyst ratings for AWK include 3 Strong Buy, 5 Hold, 1 Sell, and 1 Strong Sell, averaging a rating of 2.7 on a scale where 1 is Strong Buy and 5 is Strong Sell. This data is sourced from Zacks Investment Research.
