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Quanta Services Inc. (NYSE:PWR) stock price target increased to $32.50, issued a ratings update today by Stifel Nicolaus

Having a price of $25.94, Quanta Services Inc. (NYSE:PWR) traded 1.04% higher on the day. With the last close up 9.42% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. PWR has recorded a 50-day average of $25.55 and a two hundred day average of $23.95. Trade Volume was up over the average, with 2,183,234 shares of PWR changing hands over the typical 2,037,220

In a report announced on Friday September 23, 2016 Stifel Nicolaus raised the target price of Quanta Services Inc. (NYSE:PWR) from $28.00 to $32.50 stating a potential upside of 0.25%.

Recent Performance Chart

Quanta Services Inc. (NYSE:PWR)

Quanta Services Inc. has price-earnings ratio of 17.71 with a one year low of $16.77 and a 52 week high of $27.05 and has a market capitalization of $0.

In addition to Stifel Nicolaus reporting its stock price target, a total of 17 brokers have issued a research note on the company. The average stock price target is $26.29 with 6 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 6 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 Quanta Services Inc. (NYSE:PWR)

Quanta Services, Inc. is a provider of specialty contracting services, offering infrastructure solutions primarily to the electric power and oil and gas industries in the United States, Canada and Australia and selected other international markets. The Company operates through two segments: Electric Power Infrastructure Services, which provides network solutions to customers in the electric power industry, and Oil and Gas Infrastructure Services, which provides network solutions to customers involved in the development and transportation of natural gas, oil and other pipeline products. The services it provides include the design, installation, upgrade, repair and maintenance of infrastructure within each of the industries it serves, such as electric power transmission and distribution networks, substation facilities, renewable energy facilities, pipeline transmission and distribution systems and facilities, and infrastructure services for the offshore and inland water energy markets.

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