Grana y Montero SA Lowered to Underperform at Zacks (GRAM)
Grana y Montero SA (NASDAQ:GRAM) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued to clients and investors on Tuesday, AnalystRatings.NET reports. They currently have a $16.70 price target on the stock. Zacks‘s price objective would indicate a potential downside of 4.13% from the stock’s previous close.
Grana y Montero SA (NASDAQ:GRAM) traded down 1.42% on Tuesday, hitting $17.36. 27,429 shares of the company’s stock traded hands. Grana y Montero SA has a one year low of $16.30 and a one year high of $22.14. The stock has a 50-day moving average of $17.39 and a 200-day moving average of $19.51. The company has a market cap of $2.292 billion and a P/E ratio of 19.25.
Grana y Montero SA (NASDAQ:GRAM) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.54 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.11 by $0.43. On average, analysts predict that Grana y Montero SA will post $1.25 earnings per share for the current fiscal year.
To view Zacks’ full report, visit Zacks’ official website.
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