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Brean Murray Lifts Price Target On Consolidated Water (CWCO) to $24

August 11, 2009 10:44 AM EDT
CWCO Hot Sheet
Rating Summary:
    1 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Brean Murray raised its price target on Consolidated Water Co. Ltd. (Nasdaq: CWCO) from $19 to $24, reiterating their Buy rating.

The firm commented, "Future prospects continue to brighten for Consolidated Water. Project completions designed to raise capacity and lower costs are having a positive influence across the company's margin profile, and we've raised our forward estimates to reflect these fundamental improvements."

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