Beacon Roofing Supply Stock (NASDAQ:BECN), Analyst Ratings, Price Targets, Predictions

The latest price target for Beacon Roofing Supply (NASDAQ: BECN) was reported by Truist Securities on May 3, 2024. The analyst firm set a price target for $95.00 expecting BECN to fall to within 12 months (a possible -2.20% downside). 21 analyst firms have reported ratings in the last year.

The latest analyst rating for Beacon Roofing Supply (NASDAQ: BECN) was provided by Truist Securities, and Beacon Roofing Supply maintained their hold rating.

The last upgrade for Beacon Roofing Supply Inc happened on February 29, 2024 when Baird raised their price target to $115. Baird previously had a neutral for Beacon Roofing Supply Inc.

The last downgrade for Beacon Roofing Supply Inc happened on March 10, 2023 when Zelman & Assoc changed their price target from N/A to N/A for Beacon Roofing Supply Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Beacon Roofing Supply, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Beacon Roofing Supply was filed on May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.

While ratings are subjective and will change, the latest Beacon Roofing Supply (BECN) rating was a maintained with a price target of $90.00 to $95.00. The current price Beacon Roofing Supply (BECN) is trading at is $97.14, which is out of the analyst’s predicted range.