Practical Tips to Protect Pipes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: Newsfilter
- Importance of Pipe Protection: As temperatures drop below zero in Pennsylvania, Pennsylvania American Water urges customers to take steps to protect their pipes to avoid costly repairs and unnecessary stress from frozen pipes.
- Water Valve Testing Advice: Customers should locate and test their main water shut-off valve to ensure it functions properly, as it is crucial during emergencies, especially if the valve does not close easily, indicating a need for maintenance.
- Cold Weather Precautions: Customers are advised to check for sources of cold air near water lines, fix drafts around windows and doors, and insulate exposed pipes to reduce the risk of freezing.
- Preventive Measures When Away: When leaving home, set the thermostat to 55 degrees Fahrenheit and consider purchasing a freeze alarm that alerts users if the indoor temperature drops below 45 degrees.
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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: 127.050
Low
122.00
Averages
137.83
High
155.00
Current: 127.050
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.
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