Standpoint Research upgraded Tutor Perini Corp (NYSE:TPC) to Buy in a report released today.
- Updated: October 3, 2016
Standpoint Research has upgraded Tutor Perini Corp (NYSE:TPC) to Buy in a report released on 10/03/2016.
Just yesterday Tutor Perini Corp (NYSE:TPC) traded 1.07% higher at $21.74. Tutor Perini Corp’s 50-day moving average is $22.29 and its 200-day moving average is $20.88. The last closing price is up 3.90% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 623,928 shares of TPC traded hands, up from an average trading volume of 356,216
Recent Performance Chart
Tutor Perini Corp has 52 week low of $10.16 and a 52 week high of $25.98 with a PE ratio of 16.56 and has a market capitalization of $0.
In addition to Standpoint Research reporting its stock price target, a total of 9 brokers have issued a research note on the company. The average stock price target is $24.44 with 4 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 0 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 Tutor Perini Corp (NYSE:TPC)
Tutor Perini Corporation, formerly Perini Corporation, is a construction company offering general contracting, construction management and design-build services to private customers and public agencies. The Company operates through three segments. The Civil segment specializes in public works construction and the repair, replacement and reconstruction of infrastructure. The civil contracting services include construction and rehabilitation of highways, bridges and mass-transit systems. The Building segment provides services to a range of building markets for private and public works customers, including the residential, hospitality and gaming, transportation, healthcare, commercial and government offices, education, biotech, pharmaceutical and industrial markets. The Specialty Contractors segment specializes in electrical, mechanical, plumbing and fire protection systems. It also offers a range of civil and building construction projects in the industrial and commercial markets.
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