Centuri (NYSE:CTRI) Upgraded at Williams Capital

Williams Capital upgraded shares of Centuri (NYSE:CTRI) to a strong-buy rating in a research note issued to investors on Tuesday, Zacks.com reports.

Several other analysts have also issued reports on CTRI. Wells Fargo & Company assumed coverage on Centuri in a research note on Monday, May 13th. They issued an overweight rating and a $29.00 price objective on the stock. Bank of America started coverage on Centuri in a report on Monday, May 13th. They set a neutral rating and a $26.00 price target for the company. Baird R W upgraded shares of Centuri to a strong-buy rating in a report on Monday, May 13th. JPMorgan Chase & Co. initiated coverage on shares of Centuri in a research report on Monday, May 13th. They issued a neutral rating and a $28.00 price objective on the stock. Finally, Robert W. Baird assumed coverage on shares of Centuri in a report on Monday, May 13th. They set an outperform rating and a $30.00 target price for the company. Three investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average target price of $28.60.

Centuri Price Performance

Shares of Centuri stock opened at $26.77 on Tuesday. Centuri has a 12-month low of $22.90 and a 12-month high of $26.78.

Insider Buying and Selling

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

About Centuri

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.