Published On: Fri, May 12th, 2017

Middlesex Water Company (NASDAQ:MSEX) Updated Broker Ratings


A number of investment brokers have recently updated their price targets on shares of Middlesex Water Company (NASDAQ:MSEX).

Most recent broker ratings

02/17/2017 – Janney Montgomery Scott began new coverage on Middlesex Water Company giving the company a “neutral” rating. They now have a USD 39 price target on the stock.

03/02/2016 – Middlesex Water Company was downgraded to “neutral” by analysts at Robert W. Baird.

05/11/2015 – Middlesex Water Company was downgraded to “hold” by analysts at Zacks.

The share price of Middlesex Water Company (NASDAQ:MSEX) was up +0.52% during the last day of trading, with a day high of 34.85. 46999 shares were traded during the last session.

The stock’s 50 day moving average is 37.26 and its 200 day moving average is 38.22. The stock’s market capitalization is 564.08M. Middlesex Water Company has a 52-week low of 32.51 and a 52-week high of 44.48.

Middlesex Water Company is a water utility company. The Company owns and operates regulated water utility and wastewater systems in New Jersey, Delaware and Pennsylvania. The Company also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware. The Company’s segments include Regulated and Non-Regulated. The Regulated segment is engaged in the business of collecting, treating and distributing water on a retail and wholesale basis to residential, commercial, industrial and fire protection customers in parts of New Jersey, Delaware and Pennsylvania. The Non-Regulated segment primarily consists of non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The Middlesex System treats, stores and distributes water for residential, commercial, industrial and fire protection purposes.