Tutor Perini Corporation (TPC) Receives Analyst Rating

Tutor Perini Corporation (TPC) : The consensus on Tutor Perini Corporation (TPC) based on 5 analyst recommendation on the company stock is 1.2, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future.

Tutor Perini Corporation (TPC) stock is expected to deviate a maximum of $4.98 from the average target price of $26.4 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $30 and the most muted being $18.


Also, Brokerage firm MKM Partners upgrades its rating on Tutor Perini Corporation (NYSE:TPC). The shares have been rated Buy. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on August 24, 2016.

Tutor Perini Corporation (NYSE:TPC): The stock opened in the green at $20.88 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $20.945 and a low of $20.31 for the day. The stock did not find buyers even at the lows and closed at $20.42 recording a loss of -1.73%. 572,298 shares exchanged hands during the trading day. The stock had closed at $20.78 in the previous days trading.

Tutor Perini Corporation is a construction company engaged in providing general contracting, construction management and design-build services to private customers and public agencies. The Company operates through three segments: Civil, Building, and Specialty Contractors. The Civil segment focuses on public works construction and the repair, replacement and reconstruction of infrastructure, including highways, bridges, mass transit systems, and water management and wastewater treatment facilities. Its Building segment provides services to various specialized building markets, including the hospitality and gaming, transportation, healthcare, municipal offices, sports and entertainment, educational and correctional facilities, among others. Its Specialty Contractors segment provides electrical, mechanical, plumbing, HVAC, fire protection systems and pneumatically placed concrete for a range of civil and building construction projects.

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