Grana y Montero S.A.A. (GRAM) Receives Average Recommendation of “Strong Sell” from Analysts

Grana y Montero S.A.A. (NYSE:GRAM) has been given a consensus broker rating score of 5.00 (Strong Sell) from the two analysts that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong sell recommendation.

Analysts have set a 1 year consensus price target of $5.30 for the company, according to Zacks. Zacks has also assigned Grana y Montero S.A.A. an industry rank of 110 out of 265 based on the ratings given to related companies.

Several research analysts have recently weighed in on the stock. BidaskClub cut shares of Grana y Montero S.A.A. from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 10th. ValuEngine upgraded shares of Grana y Montero S.A.A. from a “hold” rating to a “buy” rating in a research note on Tuesday, November 21st.

Several institutional investors have recently modified their holdings of GRAM. Public Employees Retirement System of Ohio purchased a new position in shares of Grana y Montero S.A.A. during the 2nd quarter worth $122,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Grana y Montero S.A.A. during the 2nd quarter valued at $223,000. TIAA CREF Investment Management LLC purchased a new position in shares of Grana y Montero S.A.A. during the 2nd quarter valued at $278,000. Northern Trust Corp purchased a new position in shares of Grana y Montero S.A.A. during the 2nd quarter valued at $308,000. Finally, Baltimore Capital Management Inc. purchased a new position in shares of Grana y Montero S.A.A. during the 2nd quarter valued at $379,000. Institutional investors and hedge funds own 18.72% of the company’s stock.

Shares of Grana y Montero S.A.A. (NYSE:GRAM) traded down $0.03 during trading on Thursday, hitting $3.04. 167,700 shares of the stock traded hands, compared to its average volume of 356,588. The stock has a market cap of $405.27, a PE ratio of 12.79 and a beta of 0.62. Grana y Montero S.A.A. has a 1-year low of $2.16 and a 1-year high of $7.97. The company has a quick ratio of 1.16, a current ratio of 1.40 and a debt-to-equity ratio of 0.50.

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About Grana y Montero S.A.A.

Grana y Montero SAA is a Peru-based holding company primarily engaged in the four business areas: Construction and Engineering Industry, Real Estate, Oil Services, and Operation of Public Concessions and Business Support Services. Through its subsidiaries, the Company provides such services as the development and management of real estate properties and leisure facilities; the exploration, production and sale of oil, natural gas and its derivates; the storage and distribution of combustibles; information technology services; engineering consultancy; the operation and maintenance of rails and roads concessions; as well as the execution and management of projects related to the generation of electric power; among others.

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