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

Water Intelligence (LON:WATR)‘s stock had its “buy” rating reaffirmed by Canaccord Genuity Group in a research report issued on Monday, MarketBeat Ratings reports. They currently have a GBX 500 price target on the stock. Canaccord Genuity Group’s price target points to a potential upside of 81.16% from the company’s current price.

Water Intelligence Trading Up 0.4%

LON WATR opened at GBX 276 on Monday. The firm has a market capitalization of £47.55 million, a price-to-earnings ratio of 1,049.43, a PEG ratio of -1.23 and a beta of 0.47. The company has a debt-to-equity ratio of 32.90, a quick ratio of 2.17 and a current ratio of 1.38. Water Intelligence has a one year low of GBX 262 and a one year high of GBX 430. The company’s 50 day moving average price is GBX 302.91 and its 200 day moving average price is GBX 328.52.

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.