Shares of Grana y Montero SAA (NYSE:GRAM) have been assigned an average broker rating score of 4.17 (Sell) from the three brokers that cover the company, Zacks Investment Research reports. Two analysts have rated the stock with a strong sell rating and one has assigned a hold rating to the company. Grana y Montero SAA’s rating score has declined by 11.2% from 90 days ago as a result of various analysts’ ratings changes.

Analysts have set a one year consensus price target of $5.90 for the company, according to Zacks. Zacks has also assigned Grana y Montero SAA an industry rank of 103 out of 265 based on the ratings given to related companies.

Several analysts recently commented on GRAM shares. Scotiabank reiterated a “sector underperform” rating on shares of Grana y Montero SAA in a research report on Thursday, January 26th. JPMorgan Chase & Co. downgraded shares of Grana y Montero SAA from a “neutral” rating to a “sell” rating in a research report on Monday, February 27th.

A number of institutional investors have recently made changes to their positions in GRAM. Acadian Asset Management LLC purchased a new position in shares of Grana y Montero SAA during the third quarter valued at about $113,000. Russell Investments Group Ltd. bought a new position in Grana y Montero SAA during the fourth quarter worth $154,000. Itau Unibanco Holding S.A. bought a new position in Grana y Montero SAA during the third quarter worth $181,000. Aperio Group LLC boosted its position in Grana y Montero SAA by 9.1% in the third quarter. Aperio Group LLC now owns 31,157 shares of the construction company’s stock worth $260,000 after buying an additional 2,588 shares during the period. Finally, Capital Guardian Trust Co. boosted its position in Grana y Montero SAA by 3.5% in the fourth quarter. Capital Guardian Trust Co. now owns 186,600 shares of the construction company’s stock worth $1,334,000 after buying an additional 6,300 shares during the period. 11.84% of the stock is currently owned by institutional investors.

Grana y Montero SAA (NYSE:GRAM) traded down 0.26% during mid-day trading on Thursday, reaching $3.91. 224,425 shares of the company traded hands. The firm’s market capitalization is $516.16 million. Grana y Montero SAA has a 52 week low of $2.16 and a 52 week high of $8.96. The stock’s 50 day moving average price is $2.98 and its 200 day moving average price is $5.75.

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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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