| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/09/2022 | -8.63% | Goldman Sachs | $18 → $20 | Maintains | Sell |
| 10/14/2022 | -17.77% | Goldman Sachs | $21 → $18 | Maintains | Sell |
| 09/09/2022 | 37.05% | Morgan Stanley | $33 → $30 | Maintains | Overweight |
| 05/11/2022 | -4.07% | Goldman Sachs | $24 → $21 | Maintains | Sell |
| 03/23/2022 | 50.75% | Morgan Stanley | $35 → $33 | Maintains | Overweight |
| 11/11/2021 | 9.64% | Goldman Sachs | $27 → $24 | Downgrades | Neutral → Sell |
| 08/06/2021 | 41.62% | Goldman Sachs | $35 → $31 | Maintains | Neutral |
| 07/16/2021 | 69.03% | Morgan Stanley | → $37 | Initiates Coverage On | → Overweight |
| 07/16/2021 | 73.6% | UBS | → $38 | Initiates Coverage On | → Buy |
| 06/16/2021 | 59.89% | Goldman Sachs | → $35 | Initiates Coverage On | → Neutral |
| 10/27/2020 | — | Keybanc | Downgrades | Overweight → Sector Weight | |
| 08/05/2020 | 14.21% | Sidoti & Co. | $21 → $25 | Maintains | Buy |
| 08/05/2020 | -8.63% | Keybanc | $16 → $20 | Maintains | Overweight |
| 03/26/2020 | -26.91% | Keybanc | $27 → $16 | Maintains | Overweight |
| 11/05/2019 | 23.34% | Keybanc | $28 → $27 | Maintains | Overweight |
| 02/06/2019 | 27.91% | Keybanc | → $28 | Upgrades | Sector Weight → Overweight |
| 05/09/2018 | 46.19% | Canaccord Genuity | $30 → $32 | Maintains | Buy |
| 02/28/2018 | — | Sidoti & Co. | Upgrades | Neutral → Buy | |
| 02/28/2018 | — | DA Davidson | Upgrades | Neutral → Buy |
Primoris Services Questions & Answers
The latest price target for Primoris Services (NASDAQ: PRIM) was reported by Goldman Sachs on November 9, 2022. The analyst firm set a price target for $20.00 expecting PRIM to fall to within 12 months (a possible -8.63% downside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Primoris Services (NASDAQ: PRIM) was provided by Goldman Sachs, and Primoris Services maintained their sell rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Primoris Services, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Primoris Services was filed on November 9, 2022 so you should expect the next rating to be made available sometime around November 9, 2023.
While ratings are subjective and will change, the latest Primoris Services (PRIM) rating was a maintained with a price target of $18.00 to $20.00. The current price Primoris Services (PRIM) is trading at is $21.89, which is out of the analyst's predicted range.