Everus (NYSE:ECG) Given New $80.00 Price Target at Oppenheimer

Everus (NYSE:ECG) had its price target raised by Oppenheimer from $70.00 to $80.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Oppenheimer’s target price points to a potential upside of 18.24% from the stock’s current price.

A number of other analysts have also recently issued reports on the company. Stifel Nicolaus lifted their price objective on Everus from $71.00 to $78.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. DA Davidson started coverage on Everus in a research report on Monday, November 4th. They set a “neutral” rating and a $55.00 price objective for the company. Finally, Wolfe Research started coverage on Everus in a research report on Tuesday, December 3rd. They set a “peer perform” rating for the company.

Everus Trading Down 1.9 %

Shares of NYSE:ECG opened at $67.66 on Tuesday. Everus has a 1 year low of $40.05 and a 1 year high of $73.73. The company has a quick ratio of 1.50, a current ratio of 1.58 and a debt-to-equity ratio of 0.47. The stock’s fifty day moving average price is $64.86.

Everus Company Profile

Everus Construction Group is providing a full spectrum of construction services through its electrical and mechanical and transmission and distribution specialty contracting services principally in United States. Its specialty contracting services are provided to utility, transportation, commercial, industrial, institutional, renewable and other customers.