Stifel Financial has elevated its rating on Zurn Elkay Water Solutions (ZWS, Financial) from Hold to Buy, despite reducing the price target from $39 to $34. This decision reflects an adaptation to ongoing tariff changes, with the firm focusing on companies distinguished by robust business operations and astute management practices.
The update signifies confidence in Zurn Elkay Water's ability to effectively manage the shifting economic landscape, particularly in light of recent tariff developments. This strategic recommendation aims to align investors with high-quality opportunities despite the challenging market conditions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Zurn Elkay Water Solutions Corp (ZWS, Financial) is $37.43 with a high estimate of $42.00 and a low estimate of $29.00. The average target implies an upside of 27.09% from the current price of $29.45. More detailed estimate data can be found on the Zurn Elkay Water Solutions Corp (ZWS) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, Zurn Elkay Water Solutions Corp's (ZWS, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Zurn Elkay Water Solutions Corp (ZWS, Financial) in one year is $33.37, suggesting a upside of 13.31% from the current price of $29.45. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Zurn Elkay Water Solutions Corp (ZWS) Summary page.
