PRIM has been the topic of a number of other research reports. The Goldman Sachs Group lifted their target price on Primoris Services from $18.00 to $20.00 and gave the company a “sell” rating in a research report on Wednesday. DA Davidson reduced their price target on Primoris Services to $27.00 in a report on Monday, August 15th. Finally, Morgan Stanley reduced their price target on Primoris Services from $33.00 to $30.00 and set an “overweight” rating on the stock in a report on Friday, September 9th. One research analyst has rated the stock with a sell rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $25.67.
Primoris Services Stock Performance
Primoris Services stock opened at $22.34 on Friday. Primoris Services has a 12-month low of $15.90 and a 12-month high of $27.94. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.62. The business’s 50-day moving average price is $18.89 and its two-hundred day moving average price is $21.34. The stock has a market cap of $1.19 billion, a PE ratio of 9.97 and a beta of 1.22.
Institutional Trading of Primoris Services
About Primoris Services
Primoris Services Corp. operates as a holding company, which engages in the provision of construction, fabrication, maintenance, replacement, and engineering services. It operates through the following segments: Utilities, Energy and Renewables, and Pipeline. The Utilities segment specializes in a range of services, including telecommunications and installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems.
- Get a free copy of the StockNews.com research report on Primoris Services (PRIM)
- MarketBeat: Week in Review 11/7 – 11/11
- Oil Is a Compelling Reason The Sell-Off In Stocks Isn’t Over
- Is Mid-Cap Neurocrine Biosciences A Buy After Blowout Q3 Report?
- Six Flags is a Ride You Don’t Want to Get Stuck On
- Hanesbrands May be Signaling a Bad Week for Retail Stocks
Receive News & Ratings for Primoris Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Primoris Services and related companies with MarketBeat.com's FREE daily email newsletter.