In a report issued on March 14, Andrew Wittmann from Robert W. Baird maintained a Buy rating on Construction Partners (ROAD – Research Report), with a price target of $31.00. The company’s shares closed last Monday at $25.80, close to its 52-week low of $22.31.
According to TipRanks.com, Wittmann is a 5-star analyst with an average return of 16.5% and a 66.7% success rate. Wittmann covers the Industrial Goods sector, focusing on stocks such as Concrete Pumping Holdings, Jacobs Engineering, and Aecom Technology.
Currently, the analyst consensus on Construction Partners is a Strong Buy with an average price target of $33.00.
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The company has a one-year high of $44.99 and a one-year low of $22.31. Currently, Construction Partners has an average volume of 363.8K.
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Construction Partners, Inc. engages in construction of roadways and highways. It acquires road construction companies with services in asphalt production, paving and other construction services for both the public and private sectors. The company was founded by Ned N. Fleming & Charles E. Owens in 1999 and is headquartered in Dothan, AL.
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