New Jersey American Water Prepares for Snowstorm, Shares Safety Tips for Customers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Newsfilter
- Emergency Preparedness: New Jersey American Water has initiated readiness efforts, including testing and fueling generators, vehicles, and fuel storage tanks, to ensure safe and reliable water service during extreme weather, demonstrating the company's commitment to customer service.
- Customer Safety Tips: The company advises customers to update emergency contact information, protect pipes and meters, and create an emergency plan before the snowstorm to mitigate potential service disruptions and enhance customer safety awareness.
- Storm-Time Recommendations: During the snowstorm, customers should stay home, allow a small trickle of water to run to prevent freezing pipes, and expose pipes to warmer indoor air, thereby reducing the risk of pipe bursts and showing the company's care for its customers.
- Post-Storm Actions: After the storm, customers are encouraged to clear snow from fire hydrants to ensure firefighters can connect equipment quickly in emergencies, reflecting the company's commitment to community safety.
Analyst Views on AWK
Wall Street analysts forecast AWK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AWK is 137.83 USD with a low forecast of 122.00 USD and a high forecast of 155.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
0 Buy
5 Hold
1 Sell
Hold
Current: 131.560
Low
122.00
Averages
137.83
High
155.00
Current: 131.560
Low
122.00
Averages
137.83
High
155.00
About AWK
American Water Works Company, Inc. is a water and wastewater utility company. The Company's primary business involves the ownership of utilities that provide water and wastewater services to residential, commercial, industrial, public authority, fire service and sale for resale customers. It also operates other businesses that provide water and wastewater services to the United States government on military installations, as well as municipalities. The Company operates its business through the Regulated Businesses segment. The Regulated Businesses segment includes subsidiaries that provide water and wastewater services to customers in approximately 14 states. The Company's utilities operate in states such as Pennsylvania, Georgia, Hawaii, Indiana, Iowa, Kentucky, Maryland, Tennessee, Virginia and West Virginia. The Company also serves commercial customers, fire service customers, industrial customers, public authorities, other utilities and community water and wastewater systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
