SJW CORP (SJW) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of SJW CORP (SJW) from OUTPERFORM to NEUTRAL on September 30, 2013, with a target price of $30.60.

SJW CORP. is a holding company which operates through its wholly-owned subsidiaries, San Jose Water Co., SJW Land Co., and Western Precision, Inc. San Jose Water Co., is a public utility in the business of providing water service to a population of approximately 928,000 people. Their service area encompasses about 134 sq. miles in the metropolitan San Juan area. SJW Land Company operates parking facilities located adjacent to the their headquarters and the San Jose area.

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