This neutral rating is the exception. The other three issue a buy rating with average of about 32 dollars price target.
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DA Davidson reiterated their neutral rating on shares of Quanta Services (NYSE: PWR) in a research note issued to investors on Tuesday. The firm currently has a $28.00 target price on the stock.
PWR has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of Quanta Services from a neutral rating to an outperform rating in a research note to investors on Thursday, November 8th. They now have a $32.00 price target on the stock. Separately, analysts at Stifel Nicolaus raised their price target on shares of Quanta Services to $34.50 in a research note to investors on Thursday, November 1st. Finally, analysts at Credit Suisse raised their EPS on shares of Quanta Services in a research note to investors on Thursday, November 1st. They now have an outperform rating and a $31.00 price target on the stock.
Shares of Quanta Services traded down 0.32% during mid-day trading on Tuesday, hitting $25.21. Quanta Services has a one year low of $18.56 and a one year high of $26.69. The company has a market cap of $5.374 billion and a P/E ratio of 19.57.
Quanta Services last issued its quarterly earnings data on Wednesday, October 31st. The company reported $0.48 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.36 by $0.12. The company had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.65 billion. The company’s revenue for the quarter was up 34.7% on a year-over-year basis. Analysts expect that Quanta Services will post $1.36 EPS for the current fiscal year.