Beacon Roofing Supply
(NASDAQ:BECN)
$87.96
0[0.00%]
At close: Feb 23
$87.96
0[0.00%]
PreMarket: 4:00PM EDT

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Q4 2023 earnings tomorrow on Tue Feb 27th after the market close
Conference call scheduled tomorrow at 17:00 PM Click to view the webcast

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

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.
Consensus Rating1
Outperform
Highest Price Target1
$97.00
Lowest Price Target1
$97.00
Consensus Price Target1
$60.69

Analyst Rating Summary1

Analyst Ratings
Oct 23
1
Dec 23
2
Jan
2
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
William Blair
Stifel
Truist Securities
RBC Capital

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Beacon Roofing Supply

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
01/11/2024BECNBuy Now
Beacon Roofing Supply
$87.9610.28%JP Morgan
Michael Rehaut
$103 → $97MaintainsOverweightGet Alert
01/08/2024BECNBuy Now
Beacon Roofing Supply
$87.96William Blair
Ryan Merkel
UpgradeMarket Perform → OutperformGet Alert
12/19/2023BECNBuy Now
Beacon Roofing Supply
$87.9635.29%Stifel
Stanley Elliott
$115 → $119MaintainsBuyGet Alert
12/14/2023BECNBuy Now
Beacon Roofing Supply
$87.9617.1%JP Morgan
Michael Rehaut
$86 → $103UpgradeNeutral → OverweightGet Alert
10/17/2023BECNBuy Now
Beacon Roofing Supply
$87.96-9.05%Truist Securities
Keith Hughes
$95 → $80MaintainsHoldGet Alert
10/05/2023BECNBuy Now
Beacon Roofing Supply
$87.966.87%RBC Capital
Mike Dahl
$91 → $94UpgradeSector Perform → OutperformGet Alert
08/08/2023BECNBuy Now
Beacon Roofing Supply
$87.9622.78%Deutsche Bank
Joe Ahlersmeyer
$102 → $108MaintainsBuyGet Alert
08/07/2023BECNBuy Now
Beacon Roofing Supply
$87.968%Raymond James
Sam Darkatsh
$75 → $95MaintainsOutperformGet Alert
08/04/2023BECNBuy Now
Beacon Roofing Supply
$87.968%Truist Securities
Keith Hughes
$85 → $95MaintainsHoldGet Alert
07/13/2023BECNBuy Now
Beacon Roofing Supply
$87.960.05%Jefferies
Philip Ng
$75 → $88MaintainsHoldGet Alert
07/10/2023BECNBuy Now
Beacon Roofing Supply
$87.96-3.37%Truist Securities
Keith Hughes
→ $85ReiteratesHold → HoldGet Alert
07/06/2023BECNBuy Now
Beacon Roofing Supply
$87.96-3.37%Truist Securities
Keith Hughes
$61 → $85MaintainsHoldGet Alert
06/16/2023BECNBuy Now
Beacon Roofing Supply
$87.962.32%BMO Capital
Ketan Mamtora
$75 → $90MaintainsOutperformGet Alert
05/08/2023BECNBuy Now
Beacon Roofing Supply
$87.96-22.69%Stephens & Co.
Trey Grooms
$70 → $68MaintainsEqual-WeightGet Alert
05/05/2023BECNBuy Now
Beacon Roofing Supply
$87.96-2.23%Deutsche Bank
Joe Ahlersmeyer
$85 → $86MaintainsBuyGet Alert
03/10/2023BECNBuy Now
Beacon Roofing Supply
$87.96Zelman & AssocDowngradeHold → SellGet Alert
02/27/2023BECNBuy Now
Beacon Roofing Supply
$87.96-3.37%Deutsche Bank
Joe Ahlersmeyer
$81 → $85MaintainsBuyGet Alert
02/27/2023BECNBuy Now
Beacon Roofing Supply
$87.96-13.6%Baird
David Manthey
$65 → $76MaintainsNeutralGet Alert
02/27/2023BECNBuy Now
Beacon Roofing Supply
$87.96-17.01%Stephens & Co.
Trey Grooms
$65 → $73MaintainsEqual-WeightGet Alert

FAQ

Q

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

A

The latest price target for Beacon Roofing Supply (NASDAQ: BECN) was reported by JP Morgan on January 11, 2024. The analyst firm set a price target for $97.00 expecting BECN to rise to within 12 months (a possible 10.28% upside). 19 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 JP Morgan, and Beacon Roofing Supply maintained their overweight rating.

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 January 11, 2024 so you should expect the next rating to be made available sometime around January 11, 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 $103.00 to $97.00. The current price Beacon Roofing Supply (BECN) is trading at is $87.96, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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