Ratings Change: Water Intelligence PLC (LON:WATR) Is Now Covered By One More Research Firm

November 24, 2016 - By Winifred Garcia

Why finnCap Gives Water Intelligence PLC (LON:WATR) GBX 128.00 Price Target

finnCap analyst started coverage with a “Corporate” rating on Water Intelligence PLC (LON:WATR) today and set a price target of GBX 128.00. The firm’s shares opened today at 88.5.

Water Intelligence PLC (LON:WATR) Ratings Coverage

Out of 2 analysts covering Water Intelligence (LON:WATR), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 128 is the highest target while GBX 75 is the lowest. The GBX 101.50 average target is 14.69% above today’s (GBX 88.5) stock price. Water Intelligence has been the topic of 2 analyst reports since September 29, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by WH Ireland given on Tuesday, September 29.

About 24,265 shares traded hands or 558.48% up from the average. Water Intelligence PLC (LON:WATR) has risen 42.73% since April 26, 2016 and is uptrending. It has outperformed by 37.32% the S&P500.

Water Intelligence plc, formerly Qonnectis plc, provides leak detection and remediation services. The company has a market cap of 9.07 million GBP. The Firm offers a range of solutions for residential, commercial and municipal customers. It has a 19.55 P/E ratio. The Company’s divisions include Royalties from franchisees, Corporate-operated Stores and Other activities, including product and equipment sales.

WATR Company Profile

Mountain Valley Spring Company, incorporated on October 13, 2011, is a bottled water company. The Firm operates in the premium segment of the bottled water market and serves individual consumers, major retailers and food service operators in all fifty states and selected international markets. It provides a domestic alternative to imported premium bottled waters. The Company’s water is rich in minerals and naturally ionized.

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