In a report released today, Ryan Connors from Boenning & Scattergood maintained a Buy rating on Tetra Tech (NASDAQ: TTEK), with a price target of $65. The company’s shares opened today at $65, close to its 52-week high of $66.70.
According to TipRanks.com, Connors is a 4-star analyst with an average return of 11.1% and a 74.1% success rate. Connors covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Watts Water Technologies, and Mueller Water Products.
Tetra Tech has an analyst consensus of Moderate Buy, with a price target consensus of $60.50.
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Tetra Tech’s market cap is currently $3.4B and has a P/E ratio of 24.98. The company has a Price to Book ratio of 3.61.
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Tetra Tech, Inc. engages in the provision of consulting and engineering services. It operates through the following segments: Water, Environment and Infrastructure (WEI); Resource Management and Energy (RME); and Remediation and Construction Management (RCM).
