Centuri (NYSE:CTRI) Earns Neutral Rating from Analysts at JPMorgan Chase & Co.

JPMorgan Chase & Co. assumed coverage on shares of Centuri (NYSE:CTRIFree Report) in a report issued on Monday morning, Marketbeat Ratings reports. The brokerage issued a neutral rating and a $28.00 price objective on the stock.

Other equities research analysts have also recently issued reports about the stock. Bank of America began coverage on shares of Centuri in a research report on Monday. They issued a neutral rating and a $26.00 target price on the stock. Robert W. Baird started coverage on Centuri in a report on Monday. They set an outperform rating and a $30.00 price objective for the company. Wells Fargo & Company started coverage on Centuri in a research note on Monday. They set an overweight rating and a $29.00 price target for the company. Finally, KeyCorp began coverage on Centuri in a report on Monday. They set a sector weight rating for the company. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Centuri currently has an average rating of Moderate Buy and an average target price of $28.60.

Read Our Latest Analysis on Centuri

Centuri Stock Performance

Centuri stock opened at $24.73 on Monday. Centuri has a fifty-two week low of $22.90 and a fifty-two week high of $26.07.

Insider Activity

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

Centuri Company Profile

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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.

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Analyst Recommendations for Centuri (NYSE:CTRI)

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