Zacks: Northwest Pipe (NWPX) Receives Consensus Rating of “Strong Buy” from Analysts
Shares of Northwest Pipe (NASDAQ:NWPX) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Analysts have set a 1 year consensus price target of $26.00 for the company and are forecasting that the company will post ($0.20) earnings per share for the current quarter, according to Zacks. Zacks has also given Northwest Pipe an industry rank of 110 out of 255 based on the ratings given to related companies.
A number of analysts have weighed in on the stock. ValuEngine cut shares of Northwest Pipe from a “buy” rating to a “hold” rating in a research note on Thursday. Zacks Investment Research cut shares of Northwest Pipe from a “hold” rating to a “strong sell” rating in a research note on Thursday.
Northwest Pipe opened at $18.55 on Thursday, according to Marketbeat Ratings. Northwest Pipe has a fifty-two week low of $14.60 and a fifty-two week high of $22.00.
About Northwest Pipe
Northwest Pipe Company manufactures engineered steel pipe water systems in North America. It produces large-diameter, high-pressure, and engineered welded steel pipeline systems for use in drinking water infrastructure; and pipes for piling and hydroelectric projects, wastewater treatment plants, and other applications, as well as for industrial plant piping systems and structural applications.
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