$52.77
1.39[2.71%]
At close: Apr 26
$52.77
0[0.00%]
After Hours: 4:20PM EDT
Construction Partners
(NASDAQ:ROAD)Construction Partners Stock (NASDAQ:ROAD), Analyst Ratings, Price Targets, Predictions
Construction Partners Inc has a consensus price target of $40.83, established from looking at the 17 latest analyst ratings. The last 3 analyst ratings were released from Stifel, Baird, and Stifel on February 12, 2024, February 12, 2024, and December 19, 2023. With an average price target of $52.67 between Stifel, Baird, and Stifel, there's an implied -0.20% downside for Construction Partners Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Stifel
Baird
Raymond James
Raymond James
Raymond James
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Construction Partners
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 02/12/2024 | ROAD | Buy Now | Construction Partners | $52.77 | 8.02% | Stifel | Stanley Elliott | $51 → $57 | Maintains | Buy | Get Alert |
| 02/12/2024 | ROAD | Buy Now | Construction Partners | $52.77 | -5.25% | Baird | Andrew Wittmann | $46 → $50 | Downgrade | Outperform → Neutral | Get Alert |
| 12/19/2023 | ROAD | Buy Now | Construction Partners | $52.77 | -3.35% | Stifel | Stanley Elliott | $45 → $51 | Maintains | Buy | Get Alert |
| 12/01/2023 | ROAD | Buy Now | Construction Partners | $52.77 | -7.14% | Raymond James | Patrick Tyler Brown | $45 → $49 | Maintains | Strong Buy | Get Alert |
| 11/30/2023 | ROAD | Buy Now | Construction Partners | $52.77 | -14.72% | Stifel | Stanley Elliott | $44 → $45 | Maintains | Buy | Get Alert |
| 10/05/2023 | ROAD | Buy Now | Construction Partners | $52.77 | -14.72% | Raymond James | Patrick Tyler Brown | $38 → $45 | Maintains | Strong Buy | Get Alert |
| 08/03/2023 | ROAD | Buy Now | Construction Partners | $52.77 | -27.99% | Raymond James | Patrick Tyler Brown | $36 → $38 | Maintains | Strong Buy | Get Alert |
| 02/14/2023 | ROAD | Buy Now | Construction Partners | $52.77 | -31.78% | Raymond James | Patrick Tyler Brown | $37 → $36 | Maintains | Strong Buy | Get Alert |
| 12/19/2022 | ROAD | Buy Now | Construction Partners | $52.77 | -37.46% | Stifel | Stanley Elliott | $32 → $33 | Maintains | Buy | Get Alert |
| 11/21/2022 | ROAD | Buy Now | Construction Partners | $52.77 | -29.88% | Raymond James | Patrick Tyler Brown | $35 → $37 | Maintains | Strong Buy | Get Alert |
| 08/19/2022 | ROAD | Buy Now | Construction Partners | $52.77 | -33.67% | Raymond James | Patrick Tyler Brown | $25 → $35 | Maintains | Strong Buy | Get Alert |
| 07/08/2022 | ROAD | Buy Now | Construction Partners | $52.77 | -50.73% | Baird | Andrew Wittmann | $30 → $26 | Maintains | Outperform | Get Alert |
| 05/11/2022 | ROAD | Buy Now | Construction Partners | $52.77 | -52.62% | Raymond James | Sam Darkatsh | $30 → $25 | Upgrade | Outperform → Strong Buy | Get Alert |
| 01/18/2022 | ROAD | Buy Now | Construction Partners | $52.77 | -43.15% | Raymond James | Joshua Wilson | $35 → $30 | Maintains | Outperform | Get Alert |
| 01/07/2022 | ROAD | Buy Now | Construction Partners | $52.77 | -35.57% | B of A Securities | Michael Feniger | $40 → $34 | Upgrade | Neutral → Buy | Get Alert |
| 11/19/2021 | ROAD | Buy Now | Construction Partners | $52.77 | -18.51% | B of A Securities | Michael Feniger | — | Downgrade | Buy → Neutral | Get Alert |
| 05/03/2021 | ROAD | Buy Now | Construction Partners | $52.77 | -33.67% | Raymond James | Joshua Wilson | — | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Construction Partners (ROAD)?
The latest price target for Construction Partners (NASDAQ: ROAD) was reported by Stifel on February 12, 2024. The analyst firm set a price target for $57.00 expecting ROAD to rise to within 12 months (a possible 8.02% upside). 7 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Construction Partners (ROAD)?
The latest analyst rating for Construction Partners (NASDAQ: ROAD) was provided by Stifel, and Construction Partners maintained their buy rating.
When was the last upgrade for Construction Partners (ROAD)?
The last upgrade for Construction Partners Inc happened on May 11, 2022 when Raymond James raised their price target to $25. Raymond James previously had an outperform for Construction Partners Inc.
When was the last downgrade for Construction Partners (ROAD)?
The last downgrade for Construction Partners Inc happened on February 12, 2024 when Baird changed their price target from $46 to $50 for Construction Partners Inc.
When is the next analyst rating going to be posted or updated for Construction Partners (ROAD)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Construction Partners, 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 Construction Partners was filed on February 12, 2024 so you should expect the next rating to be made available sometime around February 12, 2025.
Is the Analyst Rating Construction Partners (ROAD) correct?
While ratings are subjective and will change, the latest Construction Partners (ROAD) rating was a maintained with a price target of $51.00 to $57.00. The current price Construction Partners (ROAD) is trading at is $52.77, which is within the analyst’s predicted range.
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