Analyst price targets for Quanta Services Inc. (PWR) vary significantly, with a median target of $340.00 and an average target of $347.16. These projections offer a range of expectations for the stock's future performance, from the most optimistic to the most conservative outlooks.
Analyst Price Targets for Quanta Services Inc. (PWR)
Price targets are forward-looking estimates made by financial analysts regarding the potential future price of a company's stock over a specific period, typically 12 months. These targets are based on various factors, including financial models, industry trends, company fundamentals, and economic conditions.
Here's a breakdown of the recent price targets for PWR, alongside its current trading price:
| Target Type | Price |
|---|---|
| High Target | $422.00 |
| Median Target | $340.00 |
| Low Target | $295.00 |
| Average Target | $347.16 |
| Current Price | $328.41 |
Understanding PWR Price Targets
Each type of price target provides a different perspective on analyst sentiment:
- High Target: This represents the most optimistic forecast from analysts, indicating the highest price an analyst expects the stock to reach. It suggests significant upside potential.
- Median Target: Often considered a consensus view, the median target is the middle value of all price estimates. It provides a balanced perspective by minimizing the impact of extremely high or low outliers.
- Low Target: This is the most conservative projection, indicating the lowest price an analyst expects the stock to trade at. It suggests the potential downside risk.
- Average Target: The arithmetic mean of all individual analyst price targets. While useful, it can be skewed by extreme high or low estimates.
- Current Price: This is the recent trading price of the stock, offering a benchmark against which all targets can be compared. Observing the relationship between the current price and the targets helps in understanding potential future movements.
These price targets collectively offer a comprehensive view of how analysts anticipate PWR's stock to perform, providing valuable context for investors.
