Tetra Tech (TTEK) Receives Price Target

Tetra Tech (TTEK) : The highest short term price target forecast on Tetra Tech (TTEK) is $40 and the lowest target price is $30. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $36.14 with a standard deviation of $3.18.

Tetra Tech (TTEK) : The consensus on Tetra Tech (TTEK) based on 10 analyst recommendation on the company stock is 2.4, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.


Also, Brokerage firm FBR Capital maintains its rating on Tetra Tech (NASDAQ:TTEK). As per the latest information, the brokerage house raises the price target to $36 per share from a prior target of $32. The shares have been rated Market Perform. The rating by the firm was issued on July 29, 2016.

Tetra Tech (NASDAQ:TTEK): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $35.38 and $35.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.54. The buying momentum continued till the end and the stock did not give up its gains. It closed at $35.52, notching a gain of 0.62% for the day. The total traded volume was 261,737 . The stock had closed at $35.30 on the previous day.

Tetra Tech, Inc. is a provider of consulting, engineering, program management, construction management and technical services focusing on natural resource management, infrastructure, energy and the environment. The Company is a full-service company that leads with science. The Company serves public and private clients by addressing the fundamental needs for water, natural resources, environmental services, infrastructure and energy. Its solutions span the entire life cycle of the project and include applied science, research and technology, engineering, design, construction management, construction, operations and maintenance, and information technology. The Company operates through four segments: Engineering and Consulting Services (ECS), Technical Support Services (TSS), Engineering and Architecture Services (EAS) and Remediation and Construction Management (RCM).

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