In a report released yesterday, Andrew Wittmann from Robert W. Baird reiterated a Hold rating on MasTec (NYSE: MTZ), with a price target of $52. The company’s shares closed yesterday at $47.35.
According to TipRanks.com, Wittmann is a 4-star analyst with an average return of 7.8% and a 62.8% success rate. Wittmann covers the Basic Materials sector, focusing on stocks such as Aecom Technology Corp, Jacobs Engineering, and Fluor Corp.
MasTec has an analyst consensus of Strong Buy, with a price target consensus of $62.33.
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MasTec’s market cap is currently $3.83B and has a P/E ratio of 11.75. The company has a Price to Book ratio of 2.79.
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MasTec, Inc. is an infrastructure construction company, which engages in engineering, building, installation, maintenance, and upgrade of communications, energy, and utility infrastructure. It operates through the following segments: Communications; Oil and Gas; Electrical Transmissions; Power Generation and Industrial; and Other.
