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

Everus (NYSE:ECG) had its price target hoisted by research analysts at Stifel Nicolaus from $71.00 to $78.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ target price would indicate a potential upside of 13.37% from the stock’s previous close.

A number of other research analysts have also recently weighed in on the stock. Oppenheimer assumed coverage on shares of Everus in a research report on Wednesday, December 4th. They set an “outperform” rating and a $70.00 price target on the stock. Wolfe Research assumed 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 assumed coverage on shares of Everus in a research report on Monday, November 4th. They set a “neutral” rating and a $55.00 price target on the stock.

Everus Stock Performance

Everus stock opened at $68.80 on Wednesday. Everus has a 1 year low of $40.05 and a 1 year high of $71.04. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.58 and a quick ratio of 1.50.

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.