Why This Water Stock Jumped 9.3% in November
Shares of Brazilian water utility Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS) -- Sabesp for short -- gained 9.3% in November. The stock is up 22.5% for the one-year period through Dec. 7, and British banking giant HSBC recently upgraded it from "hold" to "buy."
For some context, the S&P 500 returned 3.1% in November and 20.1% for the same one-year period.
Image source: Getty Images.
Source: Fool.com
Companhia de Saneamento Básico do Estado de São Paulo ADR Aktie
4,68 €
0,00 %
Noch kein Trend absehbar bei Companhia de Saneamento Básico do Estado de São Paulo ADR mit nur einigen Einschätzungen.
Die Community prognostiziert für Companhia de Saneamento Básico do Estado de São Paulo ADR ein Kursziel von 31 €, was eine Steigerung von mehr als 100% gegenüber dem aktuellen Kurs von 4.68 € bedeutet.
