Emcor Group Inc (NYSE:EME) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 28, 2016
Zacks Investment Research has downgraded Emcor Group Inc (NYSE:EME) to Hold in a statement released on 9/28/2016.
On 8/16/2016, FBR Capital released a statement for Emcor Group Inc (NYSE:EME) bumped up the target price from $52.00 to $62.00 that suggested an upside of 0.08%.
Boasting a price of $58.87, Emcor Group Inc (NYSE:EME) traded 1.22% higher on the day. With the last stock price up 16.10% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Emcor Group Inc has recorded a 50-day average of $57.03 and a two hundred day average of $50.94. Volume of trade was down over the average, with 209,349 shares of EME changing hands under the typical 483,525
Recent Performance Chart
Emcor Group Inc has 52 week low of $40.98 and a 52 week high of $59.14 with a PE ratio of 20.20 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 5 brokers have issued a research note on the company. The average stock price target is $54.60 with 2 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Emcor Group Inc (NYSE:EME)
EMCOR Group, Inc. is an electrical and mechanical construction, and facilities services firm in the United States. The Company provides a number of building services and industrial services. The Company's segments are United States electrical construction and facilities services; United States mechanical construction and facilities services; United States building services; United States industrial services, and United Kingdom building services. Its services are provided to a range of commercial, industrial, utility and institutional customers through approximately 70 operating subsidiaries and joint venture entities. It specializes in providing construction services relating to electrical and mechanical systems in all types of non-residential and certain residential facilities, and in providing various services relating to the operation, maintenance and management of facilities, including refineries and petrochemical plants. It operates various electrical and mechanical systems.
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