AquaVenture Holdings Limited (WAAS): Takeaways From Management Meetings - RBC

December 22, 2016 8:34 AM EST
Get Alerts WAAS Hot Sheet
Price: $27.03 --0%

Rating Summary:
    2 Buy, 6 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 6 | New: 26
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RBC Capital analyst, Deane Dray, reiterated his Outperform rating on shares of AquaVenture Holdings (NYSE: WAAS) after hosting investor meetings with the company's CEO.

The main takeaway was that the company continues to manage a robust pipeline of M&A targets across both medium-scale desal plants and small US water cooler distributors. The goal is to expand Seven Seas' desal footprint beyond the Caribbean deeper into Latin America, the Middle East, and the US.

No change to the price target of $27.

For an analyst ratings summary and ratings history on AquaVenture Holdings click here. For more ratings news on AquaVenture Holdings click here.

Shares of AquaVenture Holdings closed at $25.81 yesterday.



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