Centuri (NYSE:CTRI) Now Covered by UBS Group

Equities research analysts at UBS Group started coverage on shares of Centuri (NYSE:CTRI - Get Free Report) in a research note issued to investors on Monday, Marketbeat reports. The firm set a "buy" rating and a $30.00 price target on the stock. UBS Group's price objective would indicate a potential upside of 21.16% from the stock's previous close.

Several other research analysts have also issued reports on CTRI. Bank of America initiated coverage on shares of Centuri in a research note on Monday. They issued a "neutral" rating and a $26.00 target price on the stock. KeyCorp started coverage on shares of Centuri in a research report on Monday. They set a "sector weight" rating for the company. JPMorgan Chase & Co. initiated coverage on Centuri in a research note on Monday. They issued a "neutral" rating and a $28.00 price target on the stock. Robert W. Baird assumed coverage on Centuri in a research note on Monday. They set an "outperform" rating and a $30.00 price objective for the company. Finally, Wells Fargo & Company initiated coverage on Centuri in a report on Monday. They set an "overweight" rating and a $29.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $28.60.

Centuri Trading Down 2.5 %

Shares of CTRI stock traded down $0.63 during trading hours on Monday, reaching $24.76. 385,457 shares of the company were exchanged, compared to its average volume of 630,396. Centuri has a fifty-two week low of $22.90 and a fifty-two week high of $26.07.

Insiders Place Their Bets

In other news, Director Julie Dill acquired 5,000 shares of Centuri stock in a transaction dated Monday, April 22nd. The stock was bought at an average cost of $21.00 per share, with a total value of $105,000.00. Following the completion of the transaction, the director now directly owns 5,000 shares of the company's stock, valued at $105,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO William Fehrman acquired 25,000 shares of the firm's stock in a transaction dated Monday, April 22nd. The stock was bought at an average price of $21.00 per share, for a total transaction of $525,000.00. Following the acquisition, the chief executive officer now directly owns 25,000 shares of the company's stock, valued at $525,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Julie Dill bought 5,000 shares of the stock in a transaction that occurred on Monday, April 22nd. The stock was bought at an average cost of $21.00 per share, for a total transaction of $105,000.00. Following the transaction, the director now owns 5,000 shares of the company's stock, valued at approximately $105,000. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 35,250 shares of company stock worth $740,250.

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 encompassing design, maintenance and repair, upgrade, and expansion services for transmission and distribution infrastructure.