In a report released today, Andrew Wittmann from Robert W. Baird maintained a Hold rating on MasTec (MTZ), with a price target of $52. The company’s shares opened today at $47.33.
Wittmann has an average return of 3.5% when recommending MasTec.
According to TipRanks.com, Wittmann is ranked #1509 out of 5233 analysts.
MasTec has an analyst consensus of Strong Buy, with a price target consensus of $59.40.
See today’s analyst top recommended stocks >>
Based on MasTec’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $31.94 million. In comparison, last year the company had a net profit of $161 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
MasTec, Inc. engages in the provision of infrastructure construction services. It operates through the following segments: Communications; Oil and Gas; Electrical Transmissions; Power Generation and Industrial; and Other.
