B. Riley raises Tutor Perini’s price target to $10.00

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The company has a strong track record of delivering quality projects on time and on budget. B. Riley recently increased Tutor Perini ($NYSE:TPC)’s price target to $10.00, citing the company’s strong track record and its strong backlog of projects.

Price History

So far, media coverage has been mostly positive. On Tuesday, TUTOR PERINI stock opened at $7.7 and closed at $7.5, down by 3.2% from the previous closing price of 7.8.

VI Analysis

The company has a strong reputation and has been involved in some of the most iconic construction projects in the United States. However, the company has been facing some financial difficulties in recent years, and its stock price hasreflects this. The company’s fundamentals reflect its long-term potential, and the VI App has detected 1 risk warning in the balance sheet. However, the company is still a medium risk investment in terms of financial and business aspects.

VI Peers

In the construction industry, Tutor Perini Corp competes with Coteccons Construction Joint Stock Company, Limbach Holdings Inc, and TA Corp Ltd. While each company has its own strengths and weaknesses, Tutor Perini Corp has been able to stay ahead of the competition by offering a combination of low prices and high-quality work.

– Coteccons Construction Joint Stock Company ($HOSE:CTD)

Coteccons Construction Joint Stock Company is a Vietnam-based company engaged in the construction sector. The Company’s main businesses include general contracting, investment, design and construction of civil, industrial, infrastructure and commercial works, as well as real estate trading and development. As of December 31, 2011, the Company had a workforce of approximately 25,000 employees.

– Limbach Holdings Inc ($NASDAQ:LMB)

Limbach Holdings Inc is a publicly traded company with a market capitalization of $83.16 million as of 2022. The company has a return on equity of 10.16%. Limbach Holdings Inc is engaged in the design, engineering, construction, and service of HVAC and mechanical, electrical, and plumbing systems for the commercial, industrial, and institutional markets.

– TA Corp Ltd ($SGX:PA3)

Euronet Worldwide Inc. is a leading provider of electronic payments and transaction processing solutions. The company offers a comprehensive suite of products and services for consumer and business-to-business transactions, including electronic funds transfer, point-of-sale, ATM, money transfer, prepaid processing, card issuing and merchant acquiring. Euronet serves financial institutions, retailers, service providers and individual consumers in over 160 countries.

Euronet’s market cap is $35.75 million, and its ROE is -1.46%. The company offers a wide range of products and services for consumer and business-to-business transactions. It has a strong presence in over 160 countries.

Summary

The company has a strong history of completing projects on time and on budget, which has earned it a reputation as a reliable partner for both public and private sector clients. Investing in Tutor Perini could be a good way to gain exposure to the construction industry, which is expected to see strong growth in the coming years. The company’s experience and track record suggest that it is well-positioned to benefit from this growth.