$46.42
0[0.00%]
At close: Apr 26
$46.42
0[0.00%]
PreMarket: 4:20PM EDT
Primoris Services
(NYSE:PRIM)Primoris Services Stock (NYSE:PRIM), Analyst Ratings, Price Targets, Predictions
Primoris Services Corp has a consensus price target of $42.83, established from looking at the 20 latest analyst ratings. The last 3 analyst ratings were released from UBS, Goldman Sachs, and DA Davidson on April 5, 2024, April 4, 2024, and April 4, 2024. With an average price target of $53.67 between UBS, Goldman Sachs, and DA Davidson, there's an implied 15.61% upside for Primoris Services Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
UBS
Goldman Sachs
DA Davidson
Morgan Stanley
Goldman Sachs
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Primoris Services
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/05/2024 | PRIM | Buy Now | Primoris Services | $46.42 | 35.72% | UBS | Steven Fisher | $44 → $63 | Maintains | Buy | Get Alert |
| 04/04/2024 | PRIM | Buy Now | Primoris Services | $46.42 | -7.37% | Goldman Sachs | Jerry Revich | $38 → $43 | Maintains | Neutral | Get Alert |
| 04/04/2024 | PRIM | Buy Now | Primoris Services | $46.42 | 18.48% | DA Davidson | Brent Thielman | $45 → $55 | Maintains | Buy | Get Alert |
| 02/29/2024 | PRIM | Buy Now | Primoris Services | $46.42 | -18.14% | Goldman Sachs | Jerry Revich | $34 → $38 | Maintains | Neutral | Get Alert |
| 02/28/2024 | PRIM | Buy Now | Primoris Services | $46.42 | -3.06% | DA Davidson | Brent Thielman | $40 → $45 | Maintains | Buy | Get Alert |
| 08/10/2023 | PRIM | Buy Now | Primoris Services | $46.42 | -13.83% | DA Davidson | Brent Thielman | $34 → $40 | Maintains | Buy | Get Alert |
| 07/17/2023 | PRIM | Buy Now | Primoris Services | $46.42 | -35.37% | Goldman Sachs | Jerry Revich | $27 → $30 | Maintains | Neutral | Get Alert |
| 04/03/2023 | PRIM | Buy Now | Primoris Services | $46.42 | -41.84% | Goldman Sachs | Jerry Revich | $22.5 → $27 | Upgrade | Sell → Neutral | Get Alert |
| 03/06/2023 | PRIM | Buy Now | Primoris Services | $46.42 | -51.53% | Goldman Sachs | Jerry Revich | $20 → $22.5 | Maintains | Sell | Get Alert |
| 11/16/2022 | PRIM | Buy Now | Primoris Services | $46.42 | -39.68% | Morgan Stanley | Matthew Sharpe | $30 → $28 | Maintains | Overweight | Get Alert |
| 11/09/2022 | PRIM | Buy Now | Primoris Services | $46.42 | -56.92% | Goldman Sachs | Jerry Revich | $18 → $20 | Maintains | Sell | Get Alert |
| 10/14/2022 | PRIM | Buy Now | Primoris Services | $46.42 | -61.22% | Goldman Sachs | Jerry Revich | $21 → $18 | Maintains | Sell | Get Alert |
| 09/09/2022 | PRIM | Buy Now | Primoris Services | $46.42 | -35.37% | Morgan Stanley | Matthew Sharpe | $33 → $30 | Maintains | Overweight | Get Alert |
| 05/11/2022 | PRIM | Buy Now | Primoris Services | $46.42 | -54.76% | Goldman Sachs | Jerry Revich | $24 → $21 | Maintains | Sell | Get Alert |
| 03/23/2022 | PRIM | Buy Now | Primoris Services | $46.42 | -28.91% | Morgan Stanley | Matthew Sharpe | $35 → $33 | Maintains | Overweight | Get Alert |
| 11/11/2021 | PRIM | Buy Now | Primoris Services | $46.42 | -48.3% | Goldman Sachs | Jerry Revich | — | Downgrade | Neutral → Sell | Get Alert |
| 08/06/2021 | PRIM | Buy Now | Primoris Services | $46.42 | -33.22% | Goldman Sachs | — | — | Maintains | Neutral | Get Alert |
| 07/16/2021 | PRIM | Buy Now | Primoris Services | $46.42 | -18.14% | UBS | Steven Fisher | — | Initiates | → Buy | Get Alert |
| 07/16/2021 | PRIM | Buy Now | Primoris Services | $46.42 | -20.29% | Morgan Stanley | — | — | Initiates | → Overweight | Get Alert |
FAQ
What is the target price for Primoris Services (PRIM)?
The latest price target for Primoris Services (NYSE: PRIM) was reported by UBS on April 5, 2024. The analyst firm set a price target for $63.00 expecting PRIM to rise to within 12 months (a possible 35.72% upside). 7 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Primoris Services (PRIM)?
The latest analyst rating for Primoris Services (NYSE: PRIM) was provided by UBS, and Primoris Services maintained their buy rating.
When was the last upgrade for Primoris Services (PRIM)?
The last upgrade for Primoris Services Corp happened on April 3, 2023 when Goldman Sachs raised their price target to $27. Goldman Sachs previously had a sell for Primoris Services Corp.
When was the last downgrade for Primoris Services (PRIM)?
The last downgrade for Primoris Services Corp happened on November 11, 2021 when Goldman Sachs changed their price target from $27 to $24 for Primoris Services Corp.
When is the next analyst rating going to be posted or updated for Primoris Services (PRIM)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Primoris Services, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Primoris Services was filed on April 5, 2024 so you should expect the next rating to be made available sometime around April 5, 2025.
Is the Analyst Rating Primoris Services (PRIM) correct?
While ratings are subjective and will change, the latest Primoris Services (PRIM) rating was a maintained with a price target of $44.00 to $63.00. The current price Primoris Services (PRIM) is trading at is $46.42, which is within the analyst’s predicted range.
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