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Itron (NASDAQ:ITRI) has received an average recommendation of “Hold” from the fifteen ratings firms that are covering the stock, StockRatingsNetwork reports. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $40.09.

ITRI has been the subject of a number of recent research reports. Analysts at Northland Securities initiated coverage on shares of Itron in a research note on Tuesday, August 12th. They set a “market perform” rating and a $40.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Itron in a research note on Friday, August 8th. They now have a $41.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Itron in a research note on Wednesday, August 6th. They now have a $31.00 price target on the stock, up previously from $30.00.

Shares of Itron (NASDAQ:ITRI) traded down 0.14% on Friday, hitting $41.90. 14,340 shares of the company’s stock traded hands. Itron has a one year low of $32.30 and a one year high of $46.09. The stock’s 50-day moving average is $39.44 and its 200-day moving average is $37.89. The company’s market cap is $1.644 billion.

Itron (NASDAQ:ITRI) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.18. The company had revenue of $489.00 million for the quarter, compared to the consensus estimate of $465.61 million. During the same quarter in the previous year, the company posted $0.58 earnings per share. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. On average, analysts predict that Itron will post $1.65 earnings per share for the current fiscal year.

Itron, Inc (NASDAQ:ITRI) is a technology and services company.

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