Zacks Investment Research reported on Quanta Services Inc (NYSE:PWR), upping its target price to $31.00 today
- Updated: October 9, 2016
Boasting a price of $28.26, Quanta Services Inc (NYSE:PWR) traded -0.24% lower on the day. With the last stock price close up 17.10% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Quanta Services Inc has recorded a 50-day average of $26.32 and a two hundred day average of $24.35. Volume of trade was up over the average, with 2,220,516 shares of PWR changing hands over the typical 1,994,390
Quanta Services Inc (NYSE:PWR) had its price target upped to $31.00 by Zacks Investment Research in a report released 10/5/2016. The increased target suggests a potential upside of 0.10% based on the company's most recent stock price close.
On 9/23/2016, Stifel Nicolaus released a statement for Quanta Services Inc (NYSE:PWR) bumped up the target price from $28.00 to $32.50 that suggested an upside of 0.25%.
With a total market value of $0, Quanta Services Inc has price-earnings ratio of 19.26 with a one year low of $16.77 and a one year high of $28.70 .
A total of 17 equity analysts have released a ratings update on PWR. Six equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, six equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $26.29.
Brief Synopsis 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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