Oppenheimer Raises Everus (NYSE:ECG) Price Target to $80.00

Everus (NYSE:ECG) had its target price increased by equities research analysts at Oppenheimer from $70.00 to $80.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Oppenheimer’s price objective points to a potential upside of 19.72% from the stock’s current price.

Other equities analysts also recently issued research reports about the company. Wolfe Research initiated coverage on Everus in a research report on Tuesday, December 3rd. They set a “peer perform” rating on the stock. DA Davidson started coverage on shares of Everus in a research report on Monday, November 4th. They set a “neutral” rating and a $55.00 target price on the stock. Finally, Stifel Nicolaus upped their price target on shares of Everus from $71.00 to $78.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th.

Everus Trading Down 3.3 %

Shares of NYSE ECG opened at $66.82 on Tuesday. Everus has a 52-week low of $40.05 and a 52-week high of $73.73. The company has a 50 day moving average price of $64.99. The company has a quick ratio of 1.50, a current ratio of 1.58 and a debt-to-equity ratio of 0.47.

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.