Oppenheimer Forecasts Strong Price Appreciation for Everus (NYSE:ECG) Stock

Everus (NYSE:ECG) had its price objective raised by Oppenheimer from $70.00 to $80.00 in a research report released on Tuesday morning,Benzinga reports. The firm currently has an outperform rating on the stock.

Other analysts have also recently issued research reports about the company. DA Davidson initiated coverage on Everus in a research report on Monday, November 4th. They issued a “neutral” rating and a $55.00 price target for the company. Stifel Nicolaus boosted their price objective on Everus from $71.00 to $78.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Finally, Wolfe Research started coverage on Everus in a report on Tuesday, December 3rd. They issued a “peer perform” rating on the stock.

Everus Trading Up 2.5 %

Shares of Everus stock opened at $69.39 on Tuesday. 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 has a 1 year low of $40.05 and a 1 year high of $73.73. The stock has a 50-day moving average price of $64.95.

About Everus

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.