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Primoris Services

PRIMNYSE
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$57.07
00.00%
At close: Sep 18, 7:00 PM EDT
$57.07
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
The dividend Ex-Date is in 8 days
Consensus Rating1
Buy
Highest Price Target1
$63.00
Lowest Price Target1
$28.00
Consensus Price Target1
$47.25

Primoris Services (NYSE:PRIM) Stock, Analyst Ratings, Price Targets, Forecasts

Primoris Services Corp has a consensus price target of $47.25 based on the ratings of 4 analysts. The high is $63 issued by UBS on April 5, 2024. The low is $28 issued by Morgan Stanley on November 16, 2022. The 3 most-recent analyst ratings were released by UBS, Goldman Sachs, and DA Davidson on April 5, 2024, April 4, 2024, and April 4, 2024, respectively. With an average price target of $53.67 between UBS, Goldman Sachs, and DA Davidson, there's an implied -5.96% downside for Primoris Services Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

UBS
Goldman Sachs
DA Davidson
Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for Primoris Services

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Primoris Services (PRIM) stock?

A

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 10.39% upside). 5 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Primoris Services (PRIM)?

A

The latest analyst rating for Primoris Services (NYSE:PRIM) was provided by UBS, and Primoris Services maintained their buy rating.

Q

When was the last upgrade for Primoris Services (PRIM)?

A

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.

Q

When was the last downgrade for Primoris Services (PRIM)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Primoris Services (PRIM)?

A

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.

Q

Is the Analyst Rating Primoris Services (PRIM) correct?

A

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 $57.07, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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