SiteOne Landscape Supply Inc (NYSE:SITE) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: April 21, 2017
Zacks Investment Research has downgraded SiteOne Landscape Supply Inc (NYSE:SITE) to Hold in a statement released on 04/21/2017.
On 4/19/2017, Zacks Investment Research released a statement for SiteOne Landscape Supply Inc (NYSE:SITE) bumped up the target price from $0.00 to $53.00 that suggested an upside of 0.12%.
Boasting a price of $48.13, SiteOne Landscape Supply Inc (NYSE:SITE) traded -0.42% lower on the day. With the last stock price close up 26.69% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. SiteOne Landscape Supply Inc has recorded a 50-day average of $45.33 and a two hundred day average of $37.79. Volume of trade was down over the average, with 153,763 shares of SITE changing hands under the typical 296,368
With a total market value of $0, SiteOne Landscape Supply Inc has with a 52 week low of $25.49 and a 52 week high of $50.04 .
In addition to Zacks Investment Research reporting its target price, a total of 6 brokers have issued a report on the stock. The consensus target price is $34.67 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About SiteOne Landscape Supply Inc (NYSE:SITE)
SiteOne Landscape Supply, Inc. is a national wholesale distributor of landscape supplies in the United States and Canada. The Company is a supplier of irrigation, landscape lighting, hardscapes, lawn care supplies, nursery stock, and landscape accessories to green industry professionals. As of October 2, 2016, the Company had over 450 stores. The Company offers a selection of fertilizer and control products, such as herbicides, irrigation supplies, landscape accessories, nursery goods, hardscapes, including pavers, natural stones and blocks, and outdoor lighting products. The Company's customers are primarily residential and commercial landscape professionals specializing in the designing, installation and maintenance of lawns, gardens, golf courses and other outdoor spaces. The Company offers various products, such as spreader settings, LESCO equipment specification sheets, golf course supplies, seed: golf and greentech specification binder.
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