Badger Meter, Inc. (NYSE:BMI) has coverage initiated with a Sell rating and $43.00 price target

ME Staff
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Analyst Ratings For Badger Meter, Inc. (NYSE:BMI)

Today, Berenberg Bank initiated coverage on Badger Meter, Inc. (NYSE:BMI) with a Sell with a price target of $43.00.

There are 4 Hold Ratings, 1 Sell Ratings, 1 Buy Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Badger Meter, Inc. (NYSE:BMI) is Hold with a consensus target price of $49.20 per share, a potential 6.64% downside.

Some recent analyst ratings include

  • 10/3/2018-Badger Meter, Inc. (NYSE:BMI) has coverage initiated with a Sell rating and $43.00 price target
  • 7/20/2018-Badger Meter, Inc. (NYSE:BMI) had its Hold rating reiterated by Robert W. Baird with a $45.00 price target
  • 6/15/2018-Badger Meter, Inc. (NYSE:BMI) gets upgraded to Hold by Canaccord Genuity with a price target of $44.00
  • 4/18/2018-Badger Meter, Inc. (NYSE:BMI) had its Hold rating reiterated by Boenning Scattergood

Recent Insider Trading Activity For Badger Meter, Inc. (NYSE:BMI)
Badger Meter, Inc. (NYSE:BMI) has insider ownership of 2.80% and institutional ownership of 85.71%.

  • On 8/27/2018 Gregory M Gomez, VP, sold 6,000 with an average share price of $54.82 per share and the total transaction amounting to $328,920.00.
  • On 8/21/2018 Fred J Begale, VP, sold 2,362 with an average share price of $55.01 per share and the total transaction amounting to $129,933.62.
  • On 7/27/2018 Raymond G Serdynski, VP, sold 6,000 with an average share price of $50.83 per share and the total transaction amounting to $304,980.00.
  • On 7/25/2018 Todd J Teske, Director, sold 12,000 with an average share price of $51.15 per share and the total transaction amounting to $613,800.00.
  • On 7/24/2018 Richard E Johnson, VP, sold 20,000 with an average share price of $52.43 per share and the total transaction amounting to $1,048,600.00.
  • On 6/6/2018 Richard E Johnson, CFO, sold 10,000 with an average share price of $44.76 per share and the total transaction amounting to $447,600.00.
  • On 5/4/2018 Fred J Begale, VP, sold 500 with an average share price of $42.51 per share and the total transaction amounting to $21,255.00.

About Badger Meter, Inc. (NYSE:BMI)
Badger Meter, Inc. provides flow measurement, control, and communication solutions worldwide. It offers mechanical and electronic water meters, and related technologies and services to municipal water utilities; and meters and valves to measure and control materials flowing through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases, as well as for use in water/wastewater, heating, ventilating and air conditioning, oil and gas, chemical and petrochemical, test and measurement, automotive aftermarket, and the concrete construction process industries. The company also provides flow instrumentation technologies to original equipment manufacturers as the primary flow measurement device within a product or system; ORION Migratable for mobile meter reading; ORION (SE) for traditional fixed network applications; and ORION Cellular for infrastructure-free fixed network meter reading, as well as BEACON advanced metering analytics, a secure cloud-hosted software suite that creates alerts for specific conditions and consumer engagement tools that allow end water customers to view and manage their water usage activity. It also serves municipalities, and commercial and industrial customers. The company sells its products through employees, resellers, and representatives. Badger Meter, Inc. was founded in 1905 and is headquartered in Milwaukee, Wisconsin.

Recent Trading Activity for Badger Meter, Inc. (NYSE:BMI)
Shares of Badger Meter, Inc. closed the previous trading session at 52.70 up +0.33 0.63% with 51.96 shares trading hands.