Everus (NYSE:ECG) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Everus (NYSE:ECG) had its price objective upped by stock analysts at Stifel Nicolaus from $71.00 to $78.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ target price points to a potential upside of 13.37% from the company’s previous close.

ECG has been the topic of several other reports. DA Davidson started coverage on Everus in a research report on Monday, November 4th. They issued a “neutral” rating and a $55.00 target price on the stock. Wolfe Research started coverage on Everus in a research report on Tuesday, December 3rd. They issued a “peer perform” rating on the stock. Finally, Oppenheimer started coverage on Everus in a research report on Wednesday, December 4th. They issued an “outperform” rating and a $70.00 target price on the stock.

Everus Stock Up 1.4 %

Shares of ECG opened at $68.80 on Wednesday. Everus has a 12-month low of $40.05 and a 12-month high of $71.04. The company has a current ratio of 1.58, a quick ratio of 1.50 and a debt-to-equity ratio of 0.47.

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.