Deutsche Bank analyst Andrew Krill initiated coverage of Watts Water (WTS) with a Hold rating and $240 price target The firm sees 2025 consensus estimates as “slightly conservative” paired with a relative valuation that is among the most attractive it has been in years after the stock’s relative underperformance in 2024. However, the analyst struggles with underwriting a meaningful 2025 construction recovery, and believes that would be the main driver of sizable earnings revisions.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WTS:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue