Android app on Google Play

Canaccord Genuity Raises Price Target on Badger Meter (BMI)

October 18, 2012 9:40 AM EDT Send to a Friend
Get Alerts BMI Hot Sheet
Price: $53.37 +5.25%

Rating Summary:
    0 Buy, 6 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 20 | Down: 9 | New: 24
Trade BMI Now!
Join SI Premium – FREE
Canaccord Genuity maintained a Hold rating on Badger Meter (NYSE: BMI) and raised its price target to $40.00 (from $36.00).

"While muni uncertainty lingers into the seasonally slower Q4 period, margins look to stay resilient and continued housing recovery supports a better outlook,” said analyst John Quealy.

He is constructive on Badger Meter’s longer-term outlook, though its valuation above peers may create increased near-term volatility.

For an analyst ratings summary and ratings history on Badger Meter click here. For more ratings news on Badger Meter click here.

Shares of Badger Meter closed at $43.62 yesterday.




You May Also Be Interested In


Related Categories

Analyst Comments, Analyst EPS View, Analyst PT Change

Related Entities

Canaccord Genuity

Add Your Comment