Dycom Industries – Consensus Indicates Potential 20.4% Upside

Broker Ratings

Dycom Industries with ticker code (DY) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 121 and 110 with a mean TP of 116. Given that the stocks previous close was at 96.36 this would indicate that there is a potential upside of 20.4%. The day 50 moving average is 77.56 and the 200 moving average now moves to 80. The company has a market cap of $2,957m. You can visit the company’s website by visiting: http://www.dycomind.com

Dycom Industries provides specialty contracting services in the United States. The company offers various specialty contracting services, including program management, engineering, construction, maintenance, and installation services, such as placement and splicing of fiber, copper, and coaxial cables to telecommunications providers. It also provides tower construction, lines and antenna installation, foundation and equipment pad construction, and small cell site placement for wireless carriers, as well as equipment installation and material fabrication, and site testing services; and installs and maintains customer premise equipment, such as digital video recorders, set top boxes, and modems for cable system operators. In addition, the company offers construction and maintenance services for electric and gas utilities, and other customers; and underground facility locating services, such as locating telephone, cable television, power, water, sewer, and gas lines for various utility companies, including telecommunication providers. Dycom Industries was incorporated in 1969 and is headquartered in Palm Beach Gardens, Florida.

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