Deutsche Bank Has Just Given MasTec (NYSE:MTZ) a Higher Rating. The TP is $50.0

September 17, 2017 - By Peter Erickson

  Deutsche Bank Has Just Given MasTec (NYSE:MTZ) a Higher Rating. The TP is $50.0

Investors sentiment increased to 1.12 in 2016 Q4. Its up 0.02, from 1.1 in 2016Q3. It is positive, as 20 investors sold MasTec, Inc. shares while 85 reduced holdings. 62 funds opened positions while 56 raised stakes. 56.54 million shares or 0.99% more from 55.98 million shares in 2016Q3 were reported.

Menta Cap Lc invested in 0.1% or 32,100 shares. Kbc Gru Nv has 14,574 shares. Airain Limited stated it has 0.02% of its portfolio in MasTec, Inc. (NYSE:MTZ). Hood River Capital Limited Liability Com has invested 3.84% in MasTec, Inc. (NYSE:MTZ). Acadian Asset Lc has 0% invested in MasTec, Inc. (NYSE:MTZ). 37,700 are owned by Alpine Woods Invsts. Oxford Asset Mngmt owns 255,015 shares. North Carolina-based First Personal Finance Svcs has invested 0% in MasTec, Inc. (NYSE:MTZ). Tudor Inv Corp Et Al reported 0.04% stake. Guggenheim Capital Limited Liability Com reported 11,819 shares stake. Peconic Partners Lc reported 24.21% in MasTec, Inc. (NYSE:MTZ). Spot Trading Ltd Liability Company reported 487 shares stake. Morgan Stanley reported 0.01% of its portfolio in MasTec, Inc. (NYSE:MTZ). Lord Abbett Ltd Liability Com reported 962,679 shares or 0.11% of all its holdings. Nationwide Fund Advsr has invested 0.02% in MasTec, Inc. (NYSE:MTZ).

Since June 9, 2017, it had 0 buys, and 1 insider sale for $108,939 activity.

MasTec (NYSE:MTZ) Stock Upgrade

Deutsche Bank has boosted shares of MasTec (NYSE:MTZ) to a “Buy” and at this point in time has a $50.0 TP on the stock. This was shown in an analysts report earlier today. Deutsche Bank’s TP would indicate a possible upside of 14.03 %.

Investors sentiment increased to 1.12 in 2016 Q4. Its up 0.02, from 1.1 in 2016Q3. It is positive, as 20 investors sold MasTec, Inc. shares while 85 reduced holdings. 62 funds opened positions while 56 raised stakes. 56.54 million shares or 0.99% more from 55.98 million shares in 2016Q3 were reported.

Menta Cap Lc invested in 0.1% or 32,100 shares. Kbc Gru Nv has 14,574 shares. Airain Limited stated it has 0.02% of its portfolio in MasTec, Inc. (NYSE:MTZ). Hood River Capital Limited Liability Com has invested 3.84% in MasTec, Inc. (NYSE:MTZ). Acadian Asset Lc has 0% invested in MasTec, Inc. (NYSE:MTZ). 37,700 are owned by Alpine Woods Invsts. Oxford Asset Mngmt owns 255,015 shares. North Carolina-based First Personal Finance Svcs has invested 0% in MasTec, Inc. (NYSE:MTZ). Tudor Inv Corp Et Al reported 0.04% stake. Guggenheim Capital Limited Liability Com reported 11,819 shares stake. Peconic Partners Lc reported 24.21% in MasTec, Inc. (NYSE:MTZ). Spot Trading Ltd Liability Company reported 487 shares stake. Morgan Stanley reported 0.01% of its portfolio in MasTec, Inc. (NYSE:MTZ). Lord Abbett Ltd Liability Com reported 962,679 shares or 0.11% of all its holdings. Nationwide Fund Advsr has invested 0.02% in MasTec, Inc. (NYSE:MTZ).

Since June 9, 2017, it had 0 buys, and 1 insider sale for $108,939 activity.

MasTec, Inc. (NYSE:MTZ) Ratings Coverage

Among 12 analysts covering MasTec (NYSE:MTZ), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. MasTec has $66 highest and $16 lowest target. $44.25’s average target is 0.91% above currents $43.85 stock price. MasTec had 26 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of MasTec, Inc. (NYSE:MTZ) has “Buy” rating given on Friday, May 26 by Canaccord Genuity. Robert W. Baird maintained the shares of MTZ in report on Tuesday, September 5 with “Hold” rating. The firm has “Buy” rating by Stephens given on Monday, September 21. The rating was upgraded by DA Davidson to “Buy” on Thursday, April 13. The stock of MasTec, Inc. (NYSE:MTZ) has “Neutral” rating given on Friday, November 13 by Citigroup. Deutsche Bank upgraded the shares of MTZ in report on Tuesday, September 12 to “Buy” rating. The rating was maintained by FBR Capital with “Outperform” on Monday, August 3. The stock has “Buy” rating by Citigroup on Friday, August 18. The firm has “Buy” rating given on Monday, November 14 by Stifel Nicolaus. Avondale downgraded MasTec, Inc. (NYSE:MTZ) on Friday, November 18 to “Market Perform” rating.

The stock decreased 0.23% or $0.1 on September 15, reaching $43.85. About 1.11 million shares traded. MasTec, Inc. (NYSE:MTZ) has risen 93.42% since September 17, 2016 and is uptrending. It has outperformed by 76.72% the S&P500.

Analysts expect MasTec, Inc. (NYSE:MTZ) to report $0.70 EPS on November, 2.They anticipate $0.08 EPS change or 10.26 % from last quarter’s $0.78 EPS. MTZ’s profit would be $57.95 million giving it 15.66 P/E if the $0.70 EPS is correct. After having $0.99 EPS previously, MasTec, Inc.’s analysts see -29.29 % EPS growth.

MasTec, Inc. is an infrastructure construction company. The company has market cap of $3.63 billion. The Firm operates primarily across North America through a range of industries. It has a 15.46 P/E ratio. The Firm operates through five divisions: Communications, Oil and Gas, Electrical Transmission, Power Generation and Industrial, and Other.

Another recent and important MasTec, Inc. (NYSE:MTZ) news was published by Prnewswire.com which published an article titled: “MasTec Senior Management to Present at Morgan Stanley and DA Davidson …” on September 07, 2017.

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