Empresas Ica Soc Con Upgraded to Neutral by Zacks (ICA)

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Empresas Ica Soc Con (NYSE:ICA) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued to investors on Wednesday. The firm currently has a $7.70 price target on the stock. Zacks‘s price objective would suggest a potential upside of 3.08% from the company’s current price.

Shares of Empresas Ica Soc Con (NYSE:ICA) traded up 2.54% during mid-day trading on Wednesday, hitting $7.66. 170,087 shares of the company’s stock traded hands. Empresas Ica Soc Con has a 52-week low of $6.04 and a 52-week high of $9.73. The stock’s 50-day moving average is $6.98 and its 200-day moving average is $7.34. The company has a market cap of $1.143 billion and a price-to-earnings ratio of 36.62.

Separately, analysts at Bank of America upgraded shares of Empresas Ica Soc Con from a “neutral” rating to a “buy” rating in a research note on Monday, April 28th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $9.60.

Empresas ICA, SAB. de C.V. is an engineering, procurement and construction company. It is engaged in a range of construction and related activities, involving the construction of infrastructure facilities, as well as industrial, urban and housing construction.

To view Zacks’ full report, visit Zacks’ official website.

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