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MasTec Inc has a consensus price target of $144.19 based on the ratings of 16 analysts. The high is $173 issued by Truist Securities on November 5, 2024. The low is $120 issued by Stifel on May 6, 2024. The 3 most-recent analyst ratings were released by B. Riley Securities, Truist Securities, and Craig-Hallum on November 5, 2024, November 5, 2024, and November 4, 2024, respectively. With an average price target of $163 between B. Riley Securities, Truist Securities, and Craig-Hallum, there's an implied 14.38% upside for MasTec Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for MasTec (NYSE:MTZ) was reported by B. Riley Securities on November 5, 2024. The analyst firm set a price target for $166.00 expecting MTZ to rise to within 12 months (a possible 16.24% upside). 47 analyst firms have reported ratings in the last year.
The latest analyst rating for MasTec (NYSE:MTZ) was provided by B. Riley Securities, and MasTec reiterated their buy rating.
The last upgrade for MasTec Inc happened on November 5, 2024 when Truist Securities raised their price target to $173. Truist Securities previously had a hold for MasTec Inc.
The last downgrade for MasTec Inc happened on January 16, 2024 when Baird changed their price target from $57 to $75 for MasTec Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MasTec, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MasTec was filed on November 5, 2024 so you should expect the next rating to be made available sometime around November 5, 2025.
While ratings are subjective and will change, the latest MasTec (MTZ) rating was a reiterated with a price target of $151.00 to $166.00. The current price MasTec (MTZ) is trading at is $142.81, which is out of the analyst’s predicted range.
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