$97.55
0[0.00%]
At close: Apr 23
$97.55
0[0.00%]
PreMarket: 4:05PM EDT
Beacon Roofing Supply
(NASDAQ:BECN)Beacon Roofing Supply Stock (NASDAQ:BECN), Analyst Ratings, Price Targets, Predictions
Beacon Roofing Supply Inc has a consensus price target of $80.63, established from looking at the 46 latest analyst ratings. The last 3 analyst ratings were released from Benchmark, BMO Capital, and Loop Capital on April 18, 2024, April 11, 2024, and April 1, 2024. With an average price target of $123.33 between Benchmark, BMO Capital, and Loop Capital, there's an implied 26.43% upside for Beacon Roofing Supply Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Benchmark
BMO Capital
Loop Capital
Baird
JP Morgan
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/18/2024 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | 38.39% | Benchmark | Reuben Garner | → $135 | Initiates | → Buy | Get Alert |
| 04/11/2024 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | 23.01% | BMO Capital | Ketan Mamtora | $95 → $120 | Maintains | Outperform | Get Alert |
| 04/01/2024 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | 17.89% | Loop Capital | Garik Shmois | $110 → $115 | Maintains | Buy | Get Alert |
| 02/29/2024 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | 17.89% | Baird | David Manthey | $99 → $115 | Upgrade | Neutral → Outperform | Get Alert |
| 01/11/2024 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | -0.56% | JP Morgan | Michael Rehaut | $103 → $97 | Maintains | Overweight | Get Alert |
| 01/08/2024 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | — | William Blair | Ryan Merkel | — | Upgrade | Market Perform → Outperform | Get Alert |
| 12/19/2023 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | 21.99% | Stifel | Stanley Elliott | $115 → $119 | Maintains | Buy | Get Alert |
| 12/14/2023 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | 5.59% | JP Morgan | Michael Rehaut | $86 → $103 | Upgrade | Neutral → Overweight | Get Alert |
| 10/17/2023 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | -17.99% | Truist Securities | Keith Hughes | $95 → $80 | Maintains | Hold | Get Alert |
| 10/05/2023 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | -3.64% | RBC Capital | Mike Dahl | $91 → $94 | Upgrade | Sector Perform → Outperform | Get Alert |
| 08/08/2023 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | 10.71% | Deutsche Bank | Joe Ahlersmeyer | $102 → $108 | Maintains | Buy | Get Alert |
| 08/07/2023 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | -2.61% | Raymond James | Sam Darkatsh | $75 → $95 | Maintains | Outperform | Get Alert |
| 08/04/2023 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | -2.61% | Truist Securities | Keith Hughes | $85 → $95 | Maintains | Hold | Get Alert |
| 07/13/2023 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | -9.79% | Jefferies | Philip Ng | $75 → $88 | Maintains | Hold | Get Alert |
| 07/10/2023 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | -12.87% | Truist Securities | Keith Hughes | → $85 | Reiterates | Hold → Hold | Get Alert |
| 07/06/2023 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | -12.87% | Truist Securities | Keith Hughes | $61 → $85 | Maintains | Hold | Get Alert |
| 06/16/2023 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | -7.74% | BMO Capital | Ketan Mamtora | $75 → $90 | Maintains | Outperform | Get Alert |
| 05/08/2023 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | -30.29% | Stephens & Co. | Trey Grooms | $70 → $68 | Maintains | Equal-Weight | Get Alert |
| 05/05/2023 | BECN | Buy Now | Beacon Roofing Supply | $97.55 | -11.84% | Deutsche Bank | Joe Ahlersmeyer | $85 → $86 | Maintains | Buy | Get Alert |
FAQ
What is the target price for Beacon Roofing Supply (BECN)?
The latest price target for Beacon Roofing Supply (NASDAQ: BECN) was reported by Benchmark on April 18, 2024. The analyst firm set a price target for $135.00 expecting BECN to rise to within 12 months (a possible 38.39% upside). 19 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Beacon Roofing Supply (BECN)?
The latest analyst rating for Beacon Roofing Supply (NASDAQ: BECN) was provided by Benchmark, and Beacon Roofing Supply initiated their buy rating.
When was the last upgrade for Beacon Roofing Supply (BECN)?
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.
When was the last downgrade for Beacon Roofing Supply (BECN)?
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.
When is the next analyst rating going to be posted or updated for Beacon Roofing Supply (BECN)?
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 April 18, 2024 so you should expect the next rating to be made available sometime around April 18, 2025.
Is the Analyst Rating Beacon Roofing Supply (BECN) correct?
While ratings are subjective and will change, the latest Beacon Roofing Supply (BECN) rating was a initiated with a price target of $0.00 to $135.00. The current price Beacon Roofing Supply (BECN) is trading at is $97.55, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.