Granite Construction Incorporat – Consensus indicates potential increase of 15.0%
Granite Construction Incorporate with ticker code (GVA) now have 3 analysts covering the stock. Analysts’ consensus indicates a “Hold” rating. The target price is between 55 and 33, with the average target price being 45.33. With the stock’s previous close at 39.43, this indicates that there is a potential upside of 15.0%. The 50-day moving average is 39.29 and the 200-day MA is 33.43. The company’s market capitalization is $ 1,786 million. You can visit the company’s website by visiting: http://www.graniteconstruction.com
Granite Construction Incorporated operates as an infrastructure contractor and producer of building materials in the United States. The company operates in the Transport, Water, Specialty and Materials segments. The Transport sector deals with the construction and rehabilitation of roads, the preservation of pavements, bridges, railways, airports and seaports. The Water segment focuses on water-related water construction and management solutions, as well as on-site hardened pipe rehabilitation and trenchless stormwater rehabilitation services. The Specialty segment constructs various complex projects, including infrastructure / site development, mining, public safety, tunnel and power projects; and undertakes bid-build, design-build and construction management / general contractor contracts. The Materials segment is focused on the production of aggregates, asphalt and building materials, as well as sanitary and stormwater remediation products, such as cured-in-place pipe felt and coating tubes based on fiberglass. The company also engages in the construction of streets, highways, transit facilities, trenchless and underground utilities, drilling wells, dams and other infrastructure-related projects. In addition, it performs site preparation, mining and infrastructure services for residential development, energy development, commercial and industrial sites and other facilities; and provides professional construction management services. The company serves federal agencies, state transportation departments, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregates, retailers, owners, farmers, brokers and owners of industrial, commercial and residential sites. Granite Construction Incorporated was founded in 1922 and is headquartered in Watsonville, California.