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Quanta Services Inc. (NYSE:PWR) target price raised to $45.00, issued a report today by Seaport Global

Quanta Services Inc. (NYSE:PWR) had its target price raised to $45.00 by Seaport Global in a report released 10/11/2017. The new target price indicates a possible upside of 0.20% based on the company's last closing price.

Yesterday Quanta Services Inc. (NYSE:PWR) traded 0.43% higher at $37.38. The company’s 50-day moving average is $36.38 and its 200-day moving average is $34.44. The last closing price is up 8.94% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 975,872 shares of the stock were exchanged, down from an average trading volume of 1,549,710

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Quanta Services Inc. (NYSE:PWR)

Quanta Services Inc. has a 52 week low of $27.29 and a 52 week high of $38.82 with a P/E ratio of 21.33 The company’s market cap is currently $0.

In addition to Seaport Global reporting its target price, a total of 17 brokers have issued a report on the stock. The consensus target price 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.

General Information About 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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