Robert W. Baird Initiates Coverage on Apria (NYSE:HAYW)


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Investment analysts at Robert W. Baird initiated coverage on shares of Apria (NYSE:HAYW) in a note issued to investors on Tuesday. The firm set an “outperform” rating and a $20.00 price target on the stock. Robert W. Baird’s price target points to a potential upside of 23.69% from the company’s previous close.

A number of other equities analysts also recently commented on the stock. Wolfe Research initiated coverage on shares of Apria in a research note on Tuesday. They set an “outperform” rating for the company. Morgan Stanley initiated coverage on shares of Apria in a research note on Tuesday. They set an “equal weight” rating and a $19.00 price objective for the company. The Goldman Sachs Group initiated coverage on shares of Apria in a research note on Tuesday, April 6th. They set a “buy” rating and a $27.00 price objective for the company. Bank of America initiated coverage on shares of Apria in a research note on Tuesday. They set a “buy” rating and a $21.00 price objective for the company. Finally, KeyCorp initiated coverage on shares of Apria in a report on Tuesday, April 6th. They issued an “overweight” rating and a $21.00 target price on the stock. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $21.33.

Shares of Apria stock traded down $0.19 during trading hours on Tuesday, reaching $16.17. 13,327 shares of the company’s stock were exchanged, compared to its average volume of 1,088,620. Apria has a fifty-two week low of $15.61 and a fifty-two week high of $17.98.

In related news, insider Rick Roetken purchased 1,500 shares of the stock in a transaction on Tuesday, March 16th. The shares were purchased at an average cost of $17.00 per share, with a total value of $25,500.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Kevin Holleran purchased 8,000 shares of the stock in a transaction on Tuesday, March 16th. The stock was bought at an average cost of $17.00 per share, for a total transaction of $136,000.00. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 26,000 shares of company stock worth $442,000.

About Apria

Hayward Holdings, Inc operates as a designer, manufacturer, and marketer of various pool equipment and associated automation systems. The company offers a range of pool equipment, including pumps, filters, heaters, automatic cleaners, sanitizers, controls, and LED lights, as well as industrial thermoplastic valves and process liquid control products for in-ground residential pools, above ground pools, and commercial pools.

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Analyst Recommendations for Apria (NYSE:HAYW)

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