▲ +12.81% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Primo Water in the last 3 months. The average price target is $17.21, with a high forecast of $21.00 and a low forecast of $12.50. The average price target represents a 12.81% upside from the last price of $15.26.
The current consensus among 7 polled investment analysts is to buy stock in Primo Water. This rating has held steady since January 2021, when it changed from a Hold consensus rating.
Primo Water Corporation provides home and office bottled water delivery and water filtration services in North America and Europe. It offers water dispensers, purified bottled water, and self-service refill drinking water; and coffee and tea, and sparkling water beverages from Sparkling Ice, as well as other premium water products. The company provides its services to residences, businesses, and small and large retailers. It serves approximately 2.5 million customers through its platform, sales and distribution facilities, and fleets, as well as through wholesalers and distributors. The company was formerly known as Cott Corporation and changed its name to Primo Water Corporation in March 2020. The company is based in Tampa, Florida.