B. Riley analyst Rohit Seth last night initiated coverage of Construction Partners (ROAD) with a Neutral rating and $117 price target Construction Partners is a “best-in-class roll-up,” executing a proven playbook in the “structurally attractive” hot-mix asphalt industry, the analyst tells investors in a research note. However, the firm says at $117, the stock already embeds full achievement of the company’s 2030 targets.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ROAD:
- Construction Partners initiated with a Neutral at B. Riley
- Construction Partners Grapples with Regulatory Compliance Challenges Impacting Financial Stability
- Construction Partners price target lowered to $124 from $131 at Baird
- Construction Partners price target lowered to $115 from $120 at BofA
- Construction Partners Reports Strong Fiscal 2025 Growth