Construction Partners (NASDAQ:ROAD) Coverage Initiated at Raymond James

Raymond James started coverage on shares of Construction Partners (NASDAQ:ROAD) in a research note issued to investors on Tuesday, May 29th, Marketbeat Ratings reports. The brokerage issued a strong-buy rating and a $15.00 target price on the stock.

Separately, Robert W. Baird began coverage on shares of Construction Partners in a research report on Tuesday, May 29th. They issued an outperform rating and a $15.00 target price for the company.

Shares of NASDAQ:ROAD traded up $0.28 on Tuesday, hitting $13.95. The company had a trading volume of 516,400 shares, compared to its average volume of 193,386. Construction Partners has a 1 year low of $10.86 and a 1 year high of $14.06.

Construction Partners Company Profile

Construction Partners, Inc engages in construction of roadways and highways. It acquires road construction companies with services in asphalt production, paving and other construction services for both the public and private sectors. The company was founded by Ned N. Fleming & Charles E. Owens in 2001 and is headquartered in Dothan, AL.

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