Robert W. Baird Lowers Centuri (NYSE:CTRI) Price Target to $22.00

Centuri (NYSE:CTRI) had its price objective decreased by investment analysts at Robert W. Baird from $23.00 to $22.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Robert W. Baird’s target price would indicate a potential upside of 26.73% from the stock’s current price.

Separately, JPMorgan Chase & Co. lifted their price objective on Centuri from $17.00 to $19.00 and gave the company an “underweight” rating in a research note on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Centuri currently has an average rating of “Moderate Buy” and an average target price of $19.00.

Centuri Trading Up 3.5 %

NYSE:CTRI opened at $17.36 on Thursday. Centuri has a fifty-two week low of $14.47 and a fifty-two week high of $28.65. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.70. The company has a 50 day moving average price of $20.68 and a 200 day moving average price of $19.10.

Institutional Trading of Centuri

Large investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Centuri during the 3rd quarter worth $211,000. Barclays PLC boosted its stake in shares of Centuri by 410.4% in the 3rd quarter. Barclays PLC now owns 23,657 shares of the company’s stock valued at $382,000 after buying an additional 19,022 shares during the period. BNP Paribas Financial Markets grew its position in shares of Centuri by 39.3% during the third quarter. BNP Paribas Financial Markets now owns 6,827 shares of the company’s stock worth $110,000 after buying an additional 1,927 shares in the last quarter. State Street Corp increased its stake in shares of Centuri by 37.3% during the third quarter. State Street Corp now owns 229,638 shares of the company’s stock worth $3,709,000 after buying an additional 62,390 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in Centuri by 3.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 111,364 shares of the company’s stock valued at $1,799,000 after acquiring an additional 3,818 shares in the last quarter.

Centuri Company Profile

Centuri Holdings, Inc operates as a utility infrastructure services company in North America. It offers gas utility services, including maintenance, repair, installation, and replacement services for natural gas local distribution utility companies with focus on the modernization of infrastructure. The company also provides electric utility services comprising design, maintenance and repair, upgrade, and expansion services for transmission and distribution infrastructure.