RBC Capital Markets disclosed Beacon Roofing Supply (NASDAQ:BECN), bumping down its price target to $51.00 earlier today
- Updated: November 27, 2016
Having a price of $46.89, Beacon Roofing Supply (NASDAQ:BECN) traded 0.93% higher on the day. With the last stock price up 5.11% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. BECN has recorded a 50-day average of $43.50 and a two hundred day average of $44.25. Trade Volume was down over the average, with 267,094 shares of BECN changing hands under the typical 580,225
Reporting a potential upside of 0.09%, RBC Capital Markets dropped the price target of Beacon Roofing Supply (NASDAQ:BECN) to $51.00
Recent Performance Chart
Beacon Roofing Supply has PE ratio of 31.21 with a one year low of $32.24 and a one year high of $48.96 and has a market capitalization of $0.
A total of 10 brokerages have released a report on Beacon Roofing Supply. Five brokerages rating the company a strong buy, five brokerages rating the company a buy, four brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $51.00.
General Company Details For Beacon Roofing Supply (NASDAQ:BECN)
Beacon Roofing Supply, Inc. is a distributor of residential and non-residential roofing materials in the United States. The Company operates in the wholesale distribution of building materials segment. The Company distributes other complementary building materials, such as waterproofing systems for residential and non-residential building exteriors. The Company's product portfolio includes residential and nonresidential roofing products, as well as complementary building products, such as siding, windows and specialty lumber products. It provides its customers an array of services, including advice and assistance to contractors throughout the construction process, including product identification, specification and technical support; metal fabrication and related metal roofing design and layout services; trade credit, and marketing support, including project leads for contractors.
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