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

Analysts have set a 12-month consensus price target of $5.30 for the company, according to Zacks. Zacks has also assigned Grana y Montero SAA an industry rank of 111 out of 265 based on the ratings given to related companies.

Several research analysts have recently issued reports on GRAM shares. BidaskClub downgraded shares of Grana y Montero SAA from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 10th. ValuEngine upgraded shares of Grana y Montero SAA from a “hold” rating to a “buy” rating in a research note on Tuesday, November 21st.

Shares of Grana y Montero SAA (NYSE:GRAM) traded up $0.14 during midday trading on Friday, hitting $3.14. 378,528 shares of the stock traded hands, compared to its average volume of 269,868. The company has a market capitalization of $417.69, a P/E ratio of 12.08 and a beta of 0.62. Grana y Montero SAA has a 52-week low of $2.16 and a 52-week high of $5.65. The company has a current ratio of 1.40, a quick ratio of 1.16 and a debt-to-equity ratio of 0.50.

Several hedge funds and other institutional investors have recently modified their holdings of GRAM. GMT Capital Corp bought a new position in shares of Grana y Montero SAA in the third quarter worth approximately $1,002,000. State Street Corp bought a new position in shares of Grana y Montero SAA in the second quarter worth approximately $605,000. Deltec Asset Management LLC lifted its stake in shares of Grana y Montero SAA by 86.9% in the third quarter. Deltec Asset Management LLC now owns 289,297 shares of the construction company’s stock worth $1,392,000 after buying an additional 134,497 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of Grana y Montero SAA in the third quarter worth approximately $508,000. Finally, Northern Trust Corp bought a new position in shares of Grana y Montero SAA in the second quarter worth approximately $308,000. Hedge funds and other institutional investors own 13.67% of the company’s stock.

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About Grana y Montero SAA

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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