Canaccord Genuity Group Reaffirms Buy Rating for Water Intelligence (LON:WATR)

Water Intelligence (LON:WATR)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity Group in a report issued on Monday, Marketbeat reports. They currently have a GBX 515 price objective on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 90.74% from the stock’s current price.

Water Intelligence Trading Down 2.7%

Shares of LON WATR opened at GBX 270 on Monday. The firm’s 50 day moving average price is GBX 326.95 and its 200-day moving average price is GBX 284.26. The company has a market cap of £45.37 million, a PE ratio of 11.07, a P/E/G ratio of -1.23 and a beta of 0.98. Water Intelligence has a 52-week low of GBX 210 and a 52-week high of GBX 360. The company has a debt-to-equity ratio of 50.84, a quick ratio of 2.17 and a current ratio of 1.43.

Water Intelligence Company Profile

Water Intelligence plc, together with its subsidiaries, provides leak detection and remediation services for potable and non-potable water in the United States, the United Kingdom, Australia, Canada, and internationally. The company operates through Franchise Royalty Income, Franchise-Related Activities, US Corporate Operated Locations, and International Corporate Operated Locations segments. It offers water leak and repair solutions. The company is involved in franchising activities, as well as operates corporate owned stores.