Badger Meter (BMI) Receives a Hold from Maxim Group

In a report released yesterday, Tate Sullivan from Maxim Group maintained a Hold rating on Badger Meter (BMIResearch Report). The company’s shares closed last Friday at $80.38.

According to, Sullivan is a 2-star analyst with an average return of 0.5% and a 44.0% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Natural Gas Services Group, Ceco Environmental, and Capstone Turbine.

The the analyst consensus on Badger Meter is currently a Hold rating.

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The company has a one-year high of $71.14 and a one-year low of $41.50. Currently, Badger Meter has an average volume of 148.3K.

Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BMI in relation to earlier this year.

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Badger Meter, Inc. engages in the provision of flow measurement, control products, and communications solutions that serves water utilities, municipalities, and commercial and industrial customers worldwide. Its products are classified into two categories: Municipal Water and Flow Instrumentation. Municipal water products comprises of water meters and related technologies to municipal water utilities. Flow Instrumentation products includes meters and valves sold worldwide to various industries for water and other fluids. The company was founded in 1905 and is headquartered in Milwaukee, WI.