RBC Capital analyst Shelby Tucker maintained a Buy rating on American Water (NYSE:AWK) Works on Thursday, setting a price target of $141, which is approximately 0.13% below the present share price of $141.18.
Tucker expects American Water Works to post earnings per share (EPS) of $0.69 for the third quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Hold rating of shares in American Water, with an average price target of $131.8.
The analysts price targets range from a high of $141 to a low of $111.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $844 million and a net profit of $239 million. The company's market cap is $26.03 billion.
According to TipRanks.com, RBC Capital analyst Shelby Tucker is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 6.4% and a 68.23% success rate.
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. The Market-Based Businesses segment is responsible for Military Services Group, Contract Operations Group, Homeowner Services Group, and Keystone Operations. The Other segment includes corporate costs that are not allocated to the Company's operating segments, eliminations of inter-segment transactions, fair value adjustments and associated income and deductions related to the acquisitions that have not been allocated to the operating segments for evaluation of performance and allocation of resource purposes. The company was founded in 1886 and is headquartered in Camden, NJ.