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Beacon Roofing Supply

BECNNASDAQ
Logo brought to you by Benzinga Data
$85.84
-1.62-1.85%
At Close: -
$85.84
00.00%
After Hours: 5:23 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$135.00
Lowest Price Target1
$56.00
Consensus Price Target1
$105.46

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

Beacon Roofing Supply Inc has a consensus price target of $105.46 based on the ratings of 15 analysts. The high is $135 issued by Benchmark on April 18, 2024. The low is $56 issued by Wells Fargo on June 28, 2022. The 3 most-recent analyst ratings were released by Stephens & Co., RBC Capital, and Baird on August 5, 2024, August 2, 2024, and August 2, 2024, respectively. With an average price target of $107.67 between Stephens & Co., RBC Capital, and Baird, there's an implied 25.43% upside for Beacon Roofing Supply Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Apr
2
May
2
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stephens & Co.
RBC Capital
Baird
JP Morgan
Truist Securities

1calculated from analyst ratings

Analyst Ratings for Beacon Roofing Supply

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FAQ

Q

What is the target price for Beacon Roofing Supply (BECN) stock?

A

The latest price target for Beacon Roofing Supply (NASDAQ:BECN) was reported by Stephens & Co. on August 5, 2024. The analyst firm set a price target for $95.00 expecting BECN to rise to within 12 months (a possible 10.67% upside). 16 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Beacon Roofing Supply (BECN)?

A

The latest analyst rating for Beacon Roofing Supply (NASDAQ:BECN) was provided by Stephens & Co., and Beacon Roofing Supply maintained their equal-weight rating.

Q

When was the last upgrade for Beacon Roofing Supply (BECN)?

A

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.

Q

When was the last downgrade for Beacon Roofing Supply (BECN)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Beacon Roofing Supply (BECN)?

A

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 August 5, 2024 so you should expect the next rating to be made available sometime around August 5, 2025.

Q

Is the Analyst Rating Beacon Roofing Supply (BECN) correct?

A

While ratings are subjective and will change, the latest Beacon Roofing Supply (BECN) rating was a maintained with a price target of $107.00 to $95.00. The current price Beacon Roofing Supply (BECN) is trading at is $85.84, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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