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RBC Capital Reaffirms Their Buy Rating on Evoqua Water Technologies (AQUA)

In a report issued on March 14, Deane Dray from RBC Capital maintained a Buy rating on Evoqua Water Technologies (AQUAResearch Report), with a price target of $48.00. The company’s shares closed last Tuesday at $43.34.

According to TipRanks.com, Dray is a 5-star analyst with an average return of 9.7% and a 51.5% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Emerson Electric Company, and Honeywell International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Evoqua Water Technologies with a $46.57 average price target.

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Evoqua Water Technologies’ market cap is currently $5.01B and has a P/E ratio of 98.74.

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Evoqua Water Technologies Corp. is a holding company, which engages in the provision of water treatment solutions. It operates through the Integrated Solutions and Services and Applied Product Technologies business segments. The Integrated Solutions and Services segment focuses on engaging directly with end users. The Applied Product Technologies segment develops product platforms to be sold primarily through third party channels. The company was founded on October 7, 2013 and is headquartered in Pittsburgh, PA.

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