Analyst Price Target is $44.80
▲ +16.30% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Essential Utilities in the last 3 months. The average price target is $44.80, with a high forecast of $45.00 and a low forecast of $44.00. The average price target represents a 16.30% upside from the last price of $38.52.
Current Consensus is
Buy
The current consensus among 6 investment analysts is to buy stock in Essential Utilities. This Buy consensus rating has held steady for over two years.
Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. The company operates through Regulated Water and Regulated Natural Gas segments. It offers water services through operating and maintenance contract with municipal authorities and other parties. In addition, the company provides utility service line protection solutions and repair services to households. It serves approximately 5.5 million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, and Kentucky under the Aqua and Peoples brands. The company was formerly known as Aqua America, Inc. and changed its name to Essential Utilities, Inc. in February 2020. Essential Utilities, Inc. was founded in 1886 and is headquartered in Bryn Mawr, Pennsylvania.
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