Badger Meter (BMI) Receives a Sell from Morgan Stanley

Morgan Stanley analyst Connor Lynagh maintained a Sell rating on Badger Meter (BMIResearch Report) today and set a price target of $80.00. The company’s shares closed last Thursday at $80.26, close to its 52-week low of $74.82.

According to, Lynagh is a 3-star analyst with an average return of 2.8% and a 55.4% success rate. Lynagh covers the Industrial Goods sector, focusing on stocks such as ProFrac Holding Corp. Class A, Nextier Oilfield Solutions, and Liberty Oilfield Services.

Currently, the analyst consensus on Badger Meter is a Hold with an average price target of $96.80.

See today’s best-performing stocks on TipRanks >>

Badger Meter’s market cap is currently $2.36B and has a P/E ratio of 38.57.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Badger Meter, Inc. engages in the provision of flow measurement, control products, and communications solutions that serves water utilities, municipalities, and commercial and industrial customers worldwide. Its products are classified into two categories: Municipal Water and Flow Instrumentation. Municipal water products comprises of water meters and related technologies to municipal water utilities. Flow Instrumentation products includes meters and valves sold worldwide to various industries for water and other fluids. The company was founded in 1905 and is headquartered in Milwaukee, WI.

Read More on BMI:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More