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Primoris Services Corp has a consensus price target of $82.43 based on the ratings of 7 analysts. The high is $102 issued by Guggenheim on January 8, 2025. The low is $28 issued by Morgan Stanley on November 16, 2022. The 3 most-recent analyst ratings were released by JP Morgan, Guggenheim, and Keybanc on January 28, 2025, January 8, 2025, and December 11, 2024, respectively. With an average price target of $95.33 between JP Morgan, Guggenheim, and Keybanc, there's an implied 43.32% upside for Primoris Services Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Primoris Services (NYSE:PRIM) was reported by JP Morgan on January 28, 2025. The analyst firm set a price target for $88.00 expecting PRIM to rise to within 12 months (a possible 32.29% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for Primoris Services (NYSE:PRIM) was provided by JP Morgan, and Primoris Services maintained their overweight rating.
The last upgrade for Primoris Services Corp happened on April 3, 2023 when Goldman Sachs raised their price target to $27. Goldman Sachs previously had a sell for Primoris Services Corp.
There is no last downgrade for Primoris Services.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Primoris Services, 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 Primoris Services was filed on January 28, 2025 so you should expect the next rating to be made available sometime around January 28, 2026.
While ratings are subjective and will change, the latest Primoris Services (PRIM) rating was a maintained with a price target of $77.00 to $88.00. The current price Primoris Services (PRIM) is trading at is $66.52, which is out of the analyst’s predicted range.
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