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MasTec Inc has a consensus price target of $145.5 based on the ratings of 16 analysts. The high is $189 issued by Truist Securities on December 19, 2024. The low is $120 issued by Stifel on May 6, 2024. The 3 most-recent analyst ratings were released by Truist Securities, Stifel, and B. Riley Securities on December 19, 2024, December 11, 2024, and November 5, 2024, respectively. With an average price target of $170 between Truist Securities, Stifel, and B. Riley Securities, there's an implied 15.89% 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 Truist Securities on December 19, 2024. The analyst firm set a price target for $189.00 expecting MTZ to rise to within 12 months (a possible 28.84% upside). 48 analyst firms have reported ratings in the last year.
The latest analyst rating for MasTec (NYSE:MTZ) was provided by Truist Securities, and MasTec maintained 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 December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest MasTec (MTZ) rating was a maintained with a price target of $173.00 to $189.00. The current price MasTec (MTZ) is trading at is $146.69, which is out of the analyst’s predicted range.
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