Artesian Resources Corporation (ARTNA) rated Outperform with price target $22 by Boenning & Scattergood
Boenning & Scattergood rated Outperform Artesian Resources Corporation (NASDAQ: ARTNA) on 12/14/2010, when the stock price was $19.01.
Since then, Artesian Resources Corporation has gained 10.89% as of 08/22/2014's recent price of $21.08. If you would have followed this Boenning & Scattergood's recommendation on ARTNA, you would have gained 10.88% of your investment in 1347 days.
Artesian Resources Corporation
(Artesian Resources) operates as the parent holding company of Artesian Water Company, Inc. (Artesian Water), Artesian Water Pennsylvania, Inc. (Artesian Water Pennsylvania), Artesian Water Maryland, Inc. (Artesian Water Maryland), Artesian Wastewater Management, Inc. (Artesian Wastewater), and Artesian Wastewater Maryland, Inc. (Artesian Wastewater Maryland) These Companies are regulated public utilities, while the Company?s three non-regulated subsidiaries include Artesian Utility Development, Inc. (Artesian Utility), Artesian Development Corporation (Artesian Development) and Artesian Consulting Engineers, Inc. (Artesian Consulting), doing business as Meridian Architects and Engineers. The Company distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, governmental, municipal and utility customers throughout the State of Delaware within its 263 square mile franchise area.
Our equity research team concentrates on companies that aren’t widely covered in sectors such as water distribution/equipment/technology, financial services, business services, aerospace & defense technology, medical technology and retail.