Jefferies starts Zurn Elkay Water Solutions with 'buy'; shares rise
ReutersDec 12, 2025 11:55 AM
Jefferies initiates coverage of water management services firm Zurn Elkay Water Solutions ZWS.N with a "buy" rating
PT at $58, implying an upside of 21.9% from the stock's last close
Shares of the company up 1.3% at $48 premarket
Brokerage states co's drinking water business is poised for strong growth as aging equipment drive demand for filtered hydration systems and recurring filter sales
2026 should deliver steady mid-single-digit growth, driven by backlog and institutional demand despite soft construction trends, says Jefferies
Four of nine brokerages rate the stock "buy" or higher, five "hold"; their median PT is $51.50- data compiled by LSEG
As of last close, stock had risen 27.6% YTD
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey
Related Articles
Musk’s Next Ambition: Building a Space-Based AI Data Center
TradingKey - Musk has long resisted the idea of taking SpaceX public. After the Tesla take-private drama and the resulting SEC penalties (which cost him the chairmanship), he’s been wary of public market entanglements. But something’s changed—and fast.TradingKey
18 hours ago
Japan Central Bank Rate Hike To Three-Decade High Imminent, How Will The Market Go? Which Assets Most Affected?
As global monetary policy divergence enters a critical phase, the Bank of Japan (BoJ) is anticipated to raise its benchmark interest rate at the monetary policy meeting on December 19, 2025, by 25 basis points to 0.75% , marking its highest level in nearly 30 years.TradingKey
23 hours ago
Bitcoin Stocks 2025 Collective Plunge, Still Worth Investing in Future?
Bitcoin stocks involved in trading operations outperformed mining stocks and DAT-category stocks, thus warranting greater priority attention. If Bitcoin's future price trend indeed aligns with Grayscale's projection, Bitcoin stock prices are also expected to rebound and even reach new highs.TradingKey
Wed, Dec 17
Gold Price Steady Climb and the Sudden Surge of Silver and Copper: Will Their Bull Run Extend Into 2026?
Dow Jones Market Data shows this marks the first time since 1980all three metals—gold, silver, and copper—simultaneously refreshed their all-time highs in the same year. Will this rally extend into 2026?TradingKey
Wed, Dec 10
Tradingkey
