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Sabesp Moves to Acquire 90% Stake in Mirassol Water Concessionaire Sanessol

Tipranks - Thu Jan 29, 8:33AM CST

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Companhia De Saneamento ( (SBS) ) has provided an announcement.

On January 27, 2026, Sabesp signed a share purchase agreement with Iguá Saneamento for the acquisition of common shares representing 90% of Sanessol S.A., the concessionaire responsible for public water and sewage services in Mirassol, São Paulo, a city of around 65,000 inhabitants. Completion of the transaction remains subject to customary conditions, including antitrust approval by Brazil’s CADE, and, once finalized, is expected to further Sabesp’s strategic plan by consolidating its footprint in the Brazilian water and sanitation sector and potentially reinforcing its role as a leading regional operator, with implications for service coverage, competitive positioning and stakeholders in the Mirassol concession area.

The most recent analyst rating on (SBS) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Companhia De Saneamento stock, see the SBS Stock Forecast page.

Spark’s Take on SBS Stock

According to Spark, TipRanks’ AI Analyst, SBS is a Outperform.

The overall stock score is driven by strong financial performance and positive technical indicators. The company’s stable balance sheet and robust cash flow generation are significant strengths. While valuation is reasonable, the recent decline in revenue growth is a concern that needs addressing to sustain long-term growth.

To see Spark’s full report on SBS stock, click here.

More about Companhia De Saneamento

Companhia de Saneamento Básico do Estado de São Paulo – Sabesp is a publicly held basic sanitation company controlled by the State of São Paulo, Brazil, focused on providing public water supply and sewage services. Operating in the state’s sanitation sector, it manages large-scale concessions and serves urban populations across multiple municipalities, positioning itself as a key player in Brazil’s water and wastewater infrastructure market.

Average Trading Volume: 1,181,819

Technical Sentiment Signal: Buy

Current Market Cap: $18.85B

For a thorough assessment of SBS stock, go to TipRanks’ Stock Analysis page.

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