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Robert W. Baird Keeps Their Hold Rating on Badger Meter (BMI)

In a report issued on June 2, Robert Mason CFA from Robert W. Baird maintained a Hold rating on Badger Meter (BMIResearch Report), with a price target of $96.00. The company’s shares closed last Tuesday at $74.23, close to its 52-week low of $73.60.

According to TipRanks.com, CFA is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -22.6% and a 0.0% success rate. CFA covers the Technology sector, focusing on stocks such as Keysight Technologies, National Instruments, and Trimble Navigation.

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

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Badger Meter’s market cap is currently $2.17B and has a P/E ratio of 35.44.

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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.

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