Itron Inc (NASDAQ:ITRI) Stock Sentiment Improves

November 7, 2017 - By Jacob Falcon

 Itron Inc (NASDAQ:ITRI) Stock Sentiment  Improves

Sentiment for Itron Inc (NASDAQ:ITRI)

Itron Inc (NASDAQ:ITRI) institutional sentiment increased to 1.28 in Q2 2017. Its up 0.18, from 1.1 in 2017Q1. The ratio has improved, as 109 investment professionals started new and increased equity positions, while 85 decreased and sold positions in Itron Inc. The investment professionals in our partner’s database now have: 49.62 million shares, up from 35.96 million shares in 2017Q1. Also, the number of investment professionals holding Itron Inc in their top 10 equity positions was flat from 2 to 2 for the same number . Sold All: 16 Reduced: 69 Increased: 74 New Position: 35.

Itron, Inc. is a technology and service company. The company has market cap of $2.58 billion. The Firm provides solutions that measure, manage and analyze energy and water use. It has a 39.01 P/E ratio. The Firm operates through three divisions: Electricity, Gas and Water.

About 107,782 shares traded. Itron, Inc. (NASDAQ:ITRI) has risen 59.09% since November 7, 2016 and is uptrending. It has outperformed by 42.39% the S&P500.

Impax Asset Management Ltd holds 3.47% of its portfolio in Itron, Inc. for 1.52 million shares. Oberweis Asset Management Inc owns 93,335 shares or 1.74% of their US portfolio. Moreover, Premier Asset Management Llc has 1.69% invested in the company for 108,265 shares. The United Kingdom-based Ecofin Ltd has invested 1.56% in the stock. Aristotle Capital Boston Llc, a Massachusetts-based fund reported 201,375 shares.#img1#

Itron, Inc. (NASDAQ:ITRI) Ratings Coverage

Ratings analysis reveals 60% of Itron Inc.’s analysts are positive. Out of 10 Wall Street analysts rating Itron Inc., 6 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $35 while the high is $88. The stock’s average target of $72.50 is 8.66% above today’s ($66.72) share price. ITRI was included in 32 notes of analysts from August 6, 2015. Canaccord Genuity maintained it with “Hold” rating and $35 target in Friday, August 7 report. On Tuesday, September 5 the stock rating was maintained by Cowen & Co with “Hold”. As per Friday, September 11, the company rating was initiated by Oppenheimer. Canaccord Genuity maintained the shares of ITRI in report on Thursday, June 1 with “Buy” rating. The rating was downgraded by Robert W. Baird on Wednesday, July 26 to “Neutral”. The stock has “Buy” rating by Needham on Monday, November 14. Canaccord Genuity maintained the shares of ITRI in report on Thursday, May 25 with “Buy” rating. Cowen & Co maintained the stock with “Hold” rating in Thursday, August 3 report. As per Monday, September 18, the company rating was maintained by Oppenheimer. The rating was maintained by Canaccord Genuity on Thursday, July 13 with “Buy”.

More news for Itron, Inc. (NASDAQ:ITRI) were recently published by: Businesswire.com, which released: “Itron to Present at Baird’s 2017 Global Industrial Conference” on October 24, 2017. Businesswire.com‘s article titled: “Itron Announces Third Quarter 2017 Financial Results” and published on November 01, 2017 is yet another important article.

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