UBS Maintains Buy on American Water Works Co, Lowers Price Target to $153
UBS analyst Gregg Orrill maintains American Water Works Co (NYSE:AWK) with a Buy and lowers the price target from $162 to $153.
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Pennsylvania American Water announced that additional credits were recently applied to customers' bills as a result of the company's receipt of proceeds from settlements reached with manufacturers of per- and
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UBS analyst Gregg Orrill maintains American Water Works Co (NYSE:AWK) with a Buy and lowers the price target from $162 to $153.
Filed: 2026-09-17 AccNo: 0001410636-26-000143 Size: 182 KB Item 8.01: Other Events
American Water Works (AWK) received approval for a $68 million annual revenue increase in New Jersey effective September 15, 2026, supporting its 7-9% long-term earnings growth target through 2030. The rate hike will fund $1.4 billion in infrastructure upgrades while increasing average residential bills by approximately $4 monthly. AWK plans $19-20 billion in capital investments through 2030 to support 8-9% rate-base growth. The stock trades at a premium valuation with a forward P/E of 21.77X versus the industry average of 17.57X and carries a Zacks Rank #3 (Hold).
UBS analyst Gregg Orrill maintains American Water Works Co (NYSE:AWK) with a Buy and raises the price target from $156 to $162.