Zacks Investment Research upgraded Tutor Perini Corp (NYSE:TPC) to Hold in a report released today.
- Updated: October 8, 2016
Zacks Investment Research has upgraded Tutor Perini Corp (NYSE:TPC) to Hold in a report released on Thursday October 06, 2016.
Yesterday Tutor Perini Corp (NYSE:TPC) traded 1.98% higher at $22.47. Tutor Perini Corp’s 50-day average is $22.03 and its two hundred day average is $21.10. The last close is up 0.27% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Volume of trade was up over the average, with 1,599,301 shares of TPC changing hands over the typical 420,154
With a total market value of $0, Tutor Perini Corp has price-earnings ratio of 16.15 with a one year low of $10.16 and a one year high of $25.98 .
A total of 9 equity analysts have released a ratings update on TPC. Four equity analysts rating the company a strong buy, four equity analysts rating the company a buy, zero 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 $24.44.
Brief Synopsis About 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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