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Enter Symbol:
Primoris Services Corporation (PRIM) [hlAlert]

down 24.81 %

Primoris Services Corporation (PRIM) rated Buy with price target $39 by Wunderlich

Posted on: Wednesday,  Jan 15, 2014  8:25 AM ET by Wunderlich

Wunderlich rated Buy Primoris Services Corporation (NASDAQ: PRIM) on 01/15/2014. Previously Wunderlich rated Buy Primoris Services Corporation (NASDAQ: PRIM) on 08/08/2013.,
when the stock price was $22.49. Since then, Primoris Services Corporation has lost 24.81% as of 01/28/2016's recent price of $16.91.
If you would have followed the previous Wunderlich's recommendation on PRIM, you would have lost 24.81% of your investment in 903 days.

Primoris Services Corporation (Primoris) is a holding company of various subsidiaries, which form a diversified engineering and construction company providing a range of construction, fabrication, maintenance, replacement and engineering services to public utilities, petrochemical companies, energy companies, municipalities and other customers. Primoris installs, replaces, repairs and rehabilitates natural gas, refined product, water and wastewater pipeline systems, and also constructs mechanical facilities and other structures, including power plants, petrochemical facilities, refineries and parking structures. The Company provides services in two business segments: Construction Services and Engineering. On July 31, 2008, the Company completed a merger of Rhapsody Acquisition Corp. and Primoris Corporation (Former Primoris). In August 2009, the Company formed a wholly owned subsidiary, Primoris Renewables. In October 2009, the Company acquired Cravens Partners, Ltd.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/15/2014 8:25 AM Buy
33.35 39.00
as of 10/17/2014
1 Week up  2.74 %
1 Month down  -15.70 %
3 Months down  -0.86 %
1 YTD down  -19.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2013 8:25 AM Buy
26.60 32.00
8/8/2013 8:25 AM Buy
22.49 28.00

(*) Stock Price at the time of the recommendation.
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