Essential Utilities Inc
WTRG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$94.00 | Zcjzxj | Hnldkdm |
Essential Utilities: Making Progress on Simplification Strategy; Among Cheapest Utilities
We reaffirm our $42 per share fair value estimate for Essential Utilities after several moves in the last month that give us confidence management is executing its strategic plan to simplify the business and position it for continued growth. We reaffirm our narrow moat rating.