Analyst Price Target is $200.00
▲ +15.52% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Encore Wire in the last 3 months. The average price target is $200.00, with a high forecast of $200.00 and a low forecast of $200.00. The average price target represents a 15.52% upside from the last price of $173.13.
Current Consensus is
The current consensus among 1 contributing investment analysts is to buy stock in Encore Wire. This Buy consensus rating has held steady for over two years.
Encore Wire Corp. engages in manufacturing copper electrical building wire and cable. The firm supplies building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments and manufactured housing. It offers an electric building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2 and other types of wire products, including Metal Clad, Armored Cable, Photovoltaic Cable and Bare Copper. Its principal customers are wholesale electrical distributors, who sell building wire and a variety of other products to electrical contractors. The company was founded by Vincent A. Rego in 1989 and is headquartered in McKinney, TX.