B.Riley FBR Reaffirms Their Buy Rating on Quanta Services (PWR)


B.Riley FBR analyst Alex Rygiel reiterated a Buy rating on Quanta Services (NYSE: PWR) yesterday and set a price target of $53. The company’s shares closed on Friday at $34.92.

According to TipRanks.com, Rygiel is ranked #282 out of 4846 analysts.

Quanta Services has an analyst consensus of Moderate Buy, with a price target consensus of $53.

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The company has a one-year high of $40.11 and a one-year low of $32.19. Currently, Quanta Services has an average volume of 1.24M.

Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock.

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Quanta Services, Inc. engages in the provision of specialty contracting services, offering infrastructure solutions to the electric power, oil and gas, and communication industries. It also focuses on the design, installation, upgrade, repair, and maintenance of infrastructure within each of the industries it serves.

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