Analysts optimistic on Quanta Services Inc outlook
The Quanta Services Inc (NYQ:PWR) share price has risen by 6.64% over the past month and it’s currently trading at 36.61. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Quanta Services Inc currently has:
- 6 Buy recommendations
- 0 Hold recommendations
- 0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
At its current price of 36.61, shares in Quanta Services Inc are trading at a discount of -15.4% to its 52 week high price. The 1-year performance of the shares has been 6.21%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Quanta Services Inc it's worth doing some investigation yourself.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Quanta Services it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Quanta Services that you can find out about here.
About us
Stockopedia helps individual investors make confident, profitable choices in the stock market. Our StockRank and factor investing toolbox unlocks institutional-quality insights into thousands of global stocks. Voted “Best Investment Research Tools” and “Best Research Service” at the 2021 UK Investor Magazine awards.