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Dycom Industries, Inc. 29.4% Potential Upside Now Implied by FBR Capital

Dycom Industries, Inc. with TICKER NYSE:DY has had its stock rating noted as ‘Reitereated’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at FBR Capital. Dycom Industries, Inc. are listed in the Basic Industries sector within NYSE. FBR Capital have set a target price of 88 USD on its stock. This now indicates the analyst believes there is a potential upside of 29.4% from today’s opening price of 67.99 USD.

Dycom Industries, Inc. NYSE:DY has a 50 day moving average of 65.68 USD and a 200 Day Moving Average share price is recorded at 48.92 USD. The 1 year high share price is 71.76 USD while the 52 week low for the share price is 24.84 USD. Over the last 30 and 90 trading days the company share price has decreased 0.79 points and increased 19.84 points respectively. There are currently 34,083,053 shares in issue with the average daily volume traded being 370,345. Market capitalisation for NYSE:DY is $2,403,536,783.00 USD.

 

Dycom Industries, Inc. NYSE:DY (Dycom) is a holding company. The Company, through its subsidiaries, provides specialty contracting services throughout the United States and in Canada. The Company operates under the specialty contractor segment, whereby through its subsidiaries, it provides engineering, construction, maintenance and installation services to telecommunications providers; underground facility locating services to various utilities, including telecommunications providers, and other construction and maintenance services to electric and gas utilities and others. Its engineering services include the design of aerial, underground and buried fiber optic, and copper and coaxial cable systems. Its construction, maintenance and installation services include the placement and splicing of fiber, copper and coaxial cables. It is also engaged in providing construction and maintenance services for electric and gas utilities, and other customers.

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