Analyst Price Target is $58.50
▲ +6.81% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Middlesex Water in the last 3 months. The average price target is $58.50, with a high forecast of $61.00 and a low forecast of $56.00. The average price target represents a 6.81% upside from the last price of $54.77.
Current Consensus is
Reduce
The current consensus among 3 investment analysts is to reduce stock in Middlesex Water. This rating changed within the last month from a Hold consensus rating.
Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in Regulated and Non-Regulated segments. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers, as well as provides regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. Middlesex Water Company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
Read More