Watts Water Technologies

Wedbush is out with its report on Watts Water Technologies (NYSE: WTS), raising its PT from $33 to $37. In a note to clients Wedbush writes, "The pending acquisition of Danfoss- Socla for $165.8 million is the second largest acquisition in the last decade for Watts and should help bolster growth...

Wedbush Securities has raised the price target on Watts Water Technologies (NYSE: WTS) from $33 to $37 and maintains its Neutral rating.

According to Gabelli, Watts Water Technologies (NYSE: WTS) completed over 30 acquisitions that contributed significantly to growth since the company became public in 1986. Gabelli reported that an acquisition should have preferred brands that can add to WTS' stable list of name brands or provide...

According to J.P. Morgan, Watts Water Technologies (NYSE: WTS) had a mixed 4Q. J.P. Morgan reported that Watt's 4Q was a mixed bag as sales continued to improve in North America. But growing raw material concerns and restructuring related inefficiencies in Europe acted as offsets. “We like that...

Watts Water Technologies, Inc. (NYSE: WTS) exceeded expectations in the quarter and demonstrated solid operating margin leverage driven by productivity improvements and better volumes, Oppenheimer reports. “However, near term, we view the environment as incrementally more challenging as North...

Sterne Agee has published a research report on Watts Water Technologies (NYSE: WTS) after the company reported adjusted EPS of +11% y/y in its 3Q. In the report, Sterne Agee writes "Adjusted EPS of $0.52 was in line with consensus and slightly ahead of our $0.51 estimate. GAAP EPS of $0.46 included...

Piper Jaffray is downgrading shares of Watts Water Technologies, Inc. (NYSE: WTS) from Overweight to Neutral to reflect more muted earnings upside prospects in the near term owing largely to material price inflation and a protracted residential market recovery. “We believe these two factors will...