Quanta Services (NYSE:PWR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.73 by 11 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Deutsche Bank assumes its view on Quanta Services (NYSE:PWR) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Deutsche Bank announces the current price target of $29 per share on Quanta Services . The rating by the firm was issued on April 6, 2016.
Quanta Services (NYSE:PWR): 10 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $27.3 in Quanta Services (NYSE:PWR). However, the stock price could fluctuate by $ 2.26 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $30 price target with the lower price estimate is calculated at $23
Quanta Services (NYSE:PWR) rose 0.26% or 0.06 points on Tuesday and made its way into the gainers of the day. After trading began at $23.43 the stock was seen hitting $23.61 as a peak level and $23.185 as the lowest level. The stock ended up at $23.5. The daily volume was measured at 1,376,223 shares. The 52-week high of the share price is $30.61 and the 52-week low is $16.77. The company has a market cap of $3,388 million.
Shares of Quanta Services, Inc. rose by 2.4% in the last five trading days and 2.98% for the last 4 weeks. Quanta Services, Inc. is up 3.52% in the last 3-month period. Year-to-Date the stock performance stands at 16.05%.
Quanta Services, Inc. (Quanta) is a provider of specialty contracting services, offering infrastructure solutions primarily to the electric power, and natural gas and oil pipeline industries. The Company operates in two segments, such as electric power infrastructure services, and oil and gas infrastructure services. The Electric Power Infrastructure Services segment provides network solutions to the electric power industry. Its Electric Power Infrastructure Services segment includes various services, such as design, installation and maintenance of electric power transmission and distribution infrastructure and substation facilities, among others. The Oil and Gas Infrastructure Services segment provides network solutions to customers of development and transportation of natural gas and oil. Its Oil and Gas Infrastructure Services segment include the design, installation and maintenance of pipeline transmission, distribution systems and gathering systems, among others.