California Water Service Group has a consensus price target of $53.67 based on the ratings of 5 analysts. The high is $57 issued by Wells Fargo on July 31, 2024. The low is $49 issued by UBS on April 4, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Baird, and UBS on July 31, 2024, April 26, 2024, and April 4, 2024, respectively. With an average price target of $53.67 between Wells Fargo, Baird, and UBS, there's an implied 4.84% upside for California Water Service Group from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for California Water Servs Gr (NYSE:CWT) was reported by Wells Fargo on July 31, 2024. The analyst firm set a price target for $57.00 expecting CWT to rise to within 12 months (a possible 11.35% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for California Water Servs Gr (NYSE:CWT) was provided by Wells Fargo, and California Water Servs Gr upgraded their equal-weight rating.
The last upgrade for California Water Service Group happened on July 31, 2024 when Wells Fargo raised their price target to $57. Wells Fargo previously had an underweight for California Water Service Group.
The last downgrade for California Water Service Group happened on June 14, 2023 when UBS changed their price target from $59 to $51 for California Water Service Group.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of California Water Servs Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for California Water Servs Gr was filed on July 31, 2024 so you should expect the next rating to be made available sometime around July 31, 2025.
While ratings are subjective and will change, the latest California Water Servs Gr (CWT) rating was a upgraded with a price target of $50.00 to $57.00. The current price California Water Servs Gr (CWT) is trading at is $51.19, which is within the analyst’s predicted range.
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