Analyst Revises Connecticut Water Service, Inc. (NASDAQ:CTWS) Stock Target


Connecticut Water Service, Inc. (NASDAQ:CTWS) mean price target has been set at $47.000 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.840 in the near-term quarter and $2.030 for the ongoing fiscal. The market cap of Connecticut Water Service, Inc. was recorded at $582.27M after the stock closed at $51.905 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Connecticut Water Service, Inc. (NASDAQ:CTWS) has a P/E ratio of 25.456. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Connecticut Water Service, Inc. (NASDAQ:CTWS) PEG ratio sits at 4.260. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Connecticut Water Service, Inc. visibly illustrates that the 50-day MA of Connecticut Water Service, Inc. is $52.956, and stock is trading -1.051 or -1.985% distant from $52.956. The 200-day MA is $46.370, and this price is $5.535 or +11.936% off from current level. Connecticut Water Service, Inc. (NASDAQ:CTWS) 52-week high is $56.620 and the 52-week low is $33.150. This represents that if the stock moves $-4.715 points up on the chart to make a 52-week high. But, if it declines $+56.576%, then the shares price can hit a new 52-week low.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 18 times, 1 visits today)