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

Water Intelligence (LON:WATR)‘s stock had its “buy” rating reissued by equities researchers at Canaccord Genuity Group in a research note issued on Tuesday,Digital Look reports. They presently have a GBX 515 target price on the stock. Canaccord Genuity Group’s target price points to a potential upside of 106.00% from the stock’s current price.

Water Intelligence Price Performance

Shares of WATR opened at GBX 250 on Tuesday. The company has a market capitalization of £42.12 million, a P/E ratio of 10.04, a PEG ratio of -1.23 and a beta of 0.84. The company has a debt-to-equity ratio of 47.19, a current ratio of 1.34 and a quick ratio of 2.17. Water Intelligence has a one year low of GBX 210 and a one year high of GBX 390. The business’s 50 day simple moving average is GBX 249.83 and its 200-day simple moving average is GBX 282.40.

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.