In a report released today, Ian Zaffino from Oppenheimer maintained a Buy rating on Arcosa (ACA – Research Report), with a price target of $90.00. The company’s shares closed yesterday at $77.60.
Zaffino covers the Consumer Cyclical sector, focusing on stocks such as Cedar Fair, Allison Transmission Holdings, and Cannae Holdings. According to TipRanks, Zaffino has an average return of 3.2% and a 46.57% success rate on recommended stocks.
Currently, the analyst consensus on Arcosa is a Strong Buy with an average price target of $93.33.
ACA market cap is currently $3.71B and has a P/E ratio of 23.46.
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Arcosa (ACA) Company Description:
Arcosa, Inc. engages in the provision of infrastructure-related products and services. It operates through the following segments: Construction Products, Energy Equipment, and Transportation Products. The Construction Products segment produces and sells construction aggregates, and manufactures and sells trench shields and shoring products and services for infrastructure-related projects. The Energy Equipment manufactures and sells products for energy-related businesses, including structural wind towers, steel utility structures for electricity transmission and distribution, and storage and distribution containers. The Transportation Products segment covers the manufacture and sale of products for the inland waterway and rail transportation industries, including barges, barge-related products, axles, and couplers. The company was founded in December 2017 and is headquartered in Dallas, TX.
