UBS Upgrades Essential Utilities, Inc. (WTRG) to Buy
(Updated - May 29, 2026 6:31 AM EDT)
UBS analyst Gregg Orrill upgraded Essential Utilities, Inc. (NYSE: WTRG) from Neutral to Buy with a price target of $43.00.
The analyst comments "We expect the merger with AWK to close and we see 20% total return potential including a 3.7% standalone dividend yield. In the merger which is expected to close by 1Q'27 WTRG shareholders receive 0.305x AWK shares. WTRG standalone positives include a stable credit profile (Baa2/A-), a low risk and capital intensive growth plan, and stable regulatory relations."
For an analyst ratings summary and ratings history on Essential Utilities, Inc. click here. For more ratings news on Essential Utilities, Inc. click here.
Shares of Essential Utilities, Inc. closed at $36.69 yesterday.