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

Water Intelligence (LON:WATR)‘s stock had its “buy” rating restated by stock analysts at Canaccord Genuity Group in a research report issued to clients and investors on Tuesday,Digital Look reports. They presently have a GBX 515 target price on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 106.00% from the stock’s previous close.

Water Intelligence Price Performance

LON:WATR opened at GBX 250 on Tuesday. The stock’s fifty day moving average price is GBX 249.83 and its two-hundred day moving average price is GBX 282.40. Water Intelligence has a 52-week low of GBX 210 and a 52-week high of GBX 390. The company has a debt-to-equity ratio of 47.19, a quick ratio of 2.17 and a current ratio of 1.34. The company has a market cap of £42.12 million, a price-to-earnings ratio of 10.04, a P/E/G ratio of -1.23 and a beta of 0.84.

About Water Intelligence

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.