Granite Construction Inc has a consensus price target of $62.5 based on the ratings of 2 analysts. The high is $64 issued by DA Davidson on March 11, 2024. The low is $61 issued by Goldman Sachs on August 2, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs, Goldman Sachs, and DA Davidson on August 2, 2024, April 16, 2024, and March 11, 2024, respectively. With an average price target of $58.33 between Goldman Sachs, Goldman Sachs, and DA Davidson, there's an implied -27.34% downside for Granite Construction Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Granite Construction (NYSE:GVA) was reported by Goldman Sachs on August 2, 2024. The analyst firm set a price target for $61.00 expecting GVA to fall to within 12 months (a possible -24.02% downside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Granite Construction (NYSE:GVA) was provided by Goldman Sachs, and Granite Construction maintained their sell rating.
There is no last upgrade for Granite Construction
There is no last downgrade for Granite Construction.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Granite Construction, 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 Granite Construction was filed on August 2, 2024 so you should expect the next rating to be made available sometime around August 2, 2025.
While ratings are subjective and will change, the latest Granite Construction (GVA) rating was a maintained with a price target of $55.00 to $61.00. The current price Granite Construction (GVA) is trading at is $80.28, which is out of the analyst’s predicted range.
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