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Stifel Nicolaus Remains a Hold on Badger Meter (BMI)

Stifel Nicolaus analyst Nathan Jones maintained a Hold rating on Badger Meter (BMIResearch Report) yesterday and set a price target of $94.00. The company’s shares closed yesterday at $97.84.

According to TipRanks, Jones is a 5-star analyst with an average return of 10.6% and a 58.84% success rate. Jones covers the Industrial Goods sector, focusing on stocks such as ITT, IDEX, and Pentair.

Badger Meter has an analyst consensus of Hold, with a price target consensus of $97.80.

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The company has a one-year high of $111.84 and a one-year low of $73.20. Currently, Badger Meter has an average volume of 119.2K.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is neutral on the stock.

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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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