Wall Street is positive on Alkaline Water Company Inc (WTER). On average, analysts give the stock a Buy rating. The average price target is $2.3, which means analysts expect the stock to climb by 70.37% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 20, which is better than 20% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating WTER a Buy today. Find out what this means to you and get the rest of the rankings on WTER!
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Alkaline Water Company Inc Stock Today?
Alkaline Water Company Inc (WTER) stock is lower by -0.8% while the S&P 500 has risen 0.06% as of 10:11 AM on Wednesday, Dec 8. WTER has fallen -$0.01 from the previous closing price of $1.36 on volume of 436,127 shares. Over the past year the S&P 500 has gained 26.66% while WTER has risen 21.62%. WTER lost -$0.24 per share the over the last 12 months.
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