Oppenheimer Raises Everus (NYSE:ECG) Price Target to $80.00

Everus (NYSE:ECG - Free Report) had its price target upped by Oppenheimer from $70.00 to $80.00 in a research note published on Tuesday,Benzinga reports. They currently have an outperform rating on the stock.

Other equities analysts also recently issued reports about the stock. Stifel Nicolaus upped their price target on shares of Everus from $71.00 to $78.00 and gave the company a "buy" rating in a research note on Wednesday, December 11th. Wolfe Research initiated coverage on shares of Everus in a research report on Tuesday, December 3rd. They set a "peer perform" rating on the stock. Finally, DA Davidson began coverage on shares of Everus in a research report on Monday, November 4th. They issued a "neutral" rating and a $55.00 price target for the company.

Everus Stock Performance

Shares of ECG traded up $1.69 during mid-day trading on Tuesday, reaching $69.39. The company's stock had a trading volume of 505,844 shares, compared to its average volume of 565,836. The company has a quick ratio of 1.50, a current ratio of 1.58 and a debt-to-equity ratio of 0.47. The business's 50-day moving average price is $64.95. Everus has a 1-year low of $40.05 and a 1-year high of $73.73.

Everus Company Profile

Everus Construction Group is providing a full spectrum of construction services through its electrical and mechanical and transmission and distribution specialty contracting services principally in United States. Its specialty contracting services are provided to utility, transportation, commercial, industrial, institutional, renewable and other customers.