Everus (NYSE:ECG) Reaches New 1-Year High After Analyst Upgrade

Everus (NYSE:ECG) shares reached a new 52-week high on Thursday after Stifel Nicolaus raised their price target on the stock from $71.00 to $78.00. Stifel Nicolaus currently has a buy rating on the stock. Everus traded as high as $71.04 and last traded at $69.96, with a volume of 267854 shares changing hands. The stock had previously closed at $67.83.

A number of other equities research analysts have also weighed in on the stock. Oppenheimer started coverage on shares of Everus in a research note on Wednesday, December 4th. They set an “outperform” rating and a $70.00 target price for the company. Wolfe Research assumed coverage on Everus in a research report on Tuesday, December 3rd. They set a “peer perform” rating for the company. Finally, DA Davidson started coverage on Everus in a research note on Monday, November 4th. They set a “neutral” rating and a $55.00 price target for the company.

Everus Stock Down 0.9 %

The company has a current ratio of 1.58, a quick ratio of 1.50 and a debt-to-equity ratio of 0.47.

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.