| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/05/2023 | 16.94% | Raymond James | $38 → $45 | Maintains | Strong Buy |
| 08/03/2023 | -1.25% | Raymond James | $36 → $38 | Maintains | Strong Buy |
| 02/14/2023 | -6.44% | Raymond James | $37 → $36 | Maintains | Strong Buy |
| 12/19/2022 | -14.24% | Stifel | $32 → $33 | Maintains | Buy |
| 11/21/2022 | -3.85% | Raymond James | $35 → $37 | Maintains | Strong Buy |
| 08/19/2022 | -9.04% | Raymond James | $25 → $35 | Maintains | Strong Buy |
| 07/08/2022 | -32.43% | Baird | $30 → $26 | Maintains | Outperform |
| 05/11/2022 | -35.03% | Raymond James | $30 → $25 | Upgrades | Outperform → Strong Buy |
| 01/18/2022 | -22.04% | Raymond James | $35 → $30 | Maintains | Outperform |
| 01/07/2022 | -11.64% | B of A Securities | $40 → $34 | Upgrades | Neutral → Buy |
| 11/19/2021 | 11.75% | B of A Securities | $37 → $43 | Downgrades | Buy → Neutral |
| 05/03/2021 | -9.04% | Raymond James | $34 → $35 | Maintains | Outperform |
| 02/08/2021 | -11.64% | Raymond James | $30 → $34 | Maintains | Outperform |
| 12/14/2020 | -22.04% | Raymond James | $21.5 → $30 | Maintains | Outperform |
| 11/16/2020 | -32.43% | B of A Securities | $20 → $26 | Maintains | Buy |
| 09/25/2020 | -48.02% | B of A Securities | $17 → $20 | Maintains | Buy |
| 09/18/2020 | -45.43% | Stifel | → $21 | Initiates Coverage On | → Buy |
| 08/25/2020 | -48.02% | Stephens & Co. | → $20 | Downgrades | Overweight → Equal-Weight |
| 08/10/2020 | -44.13% | Raymond James | $18 → $21.5 | Maintains | Outperform |
| 05/15/2020 | -55.82% | B of A Securities | $20 → $17 | Reiterates | → Buy |
| 05/13/2020 | -58.42% | Imperial Capital | $20 → $16 | Maintains | Outperform |
| 05/12/2020 | -53.22% | Raymond James | → $18 | Downgrades | Strong Buy → Outperform |
| 04/09/2020 | -53.22% | DA Davidson | $20 → $18 | Downgrades | Buy → Neutral |
| 03/16/2020 | -53.22% | Raymond James | $20 → $18 | Maintains | Strong Buy |
| 12/11/2019 | -51.92% | Imperial Capital | $17.25 → $18.5 | Maintains | Outperform |
| 12/10/2019 | -48.02% | Baird | $16 → $20 | Maintains | Outperform |
| 08/12/2019 | -57.12% | Raymond James | $15 → $16.5 | Maintains | Strong Buy |
| 12/12/2018 | -66.22% | Raymond James | $15 → $13 | Maintains | Strong Buy |
What is the target price for Construction Partners (ROAD)?
The latest price target for Construction Partners (NASDAQ: ROAD) was reported by Raymond James on October 5, 2023. The analyst firm set a price target for $45.00 expecting ROAD to rise to within 12 months (a possible 16.94% upside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Construction Partners (ROAD)?
The latest analyst rating for Construction Partners (NASDAQ: ROAD) was provided by Raymond James, and Construction Partners maintained their strong buy rating.
When is the next analyst rating going to be posted or updated for Construction Partners (ROAD)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Construction Partners, 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 Construction Partners was filed on October 5, 2023 so you should expect the next rating to be made available sometime around October 5, 2024.
Is the Analyst Rating Construction Partners (ROAD) correct?
While ratings are subjective and will change, the latest Construction Partners (ROAD) rating was a maintained with a price target of $38.00 to $45.00. The current price Construction Partners (ROAD) is trading at is $38.48, which is within the analyst's predicted range.