Beacon Roofing Supply, Inc. (NASDAQ:BECN) gets downgraded to Hold by Wedbush with a price target of $30.00

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Analyst Ratings For Beacon Roofing Supply, Inc. (NASDAQ:BECN)

Today, Beacon Roofing Supply, Inc. (NASDAQ:BECN) stock was downgraded by Wedbush from Outperform to Hold with a price target of $30.00.

There are 10 Hold Ratings, 6 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Beacon Roofing Supply, Inc. (NASDAQ:BECN) is Hold with a consensus target price of $39.20 per share, a potential 23.19% upside.

Some recent analyst ratings include

  • 12/14/2018-Beacon Roofing Supply, Inc. (NASDAQ:BECN) gets downgraded to Hold by Wedbush with a price target of $30.00
  • 11/28/2018-Beacon Roofing Supply, Inc. (NASDAQ:BECN) gets downgraded to Neutral by Longbow Research with a price target of $34.00
  • 11/23/2018-Beacon Roofing Supply, Inc. (NASDAQ:BECN) had its Buy rating reiterated by Stephens with a $40.00 price target
  • 11/21/2018-Beacon Roofing Supply, Inc. (NASDAQ:BECN) gets upgraded to Market Perform by Wells Fargo & Co with a price target of $32.00
  • On 11/26/2018 Carl T Berquist, Director, bought 5,000 with an average share price of $33.05 per share and the total transaction amounting to $165,250.00.
  • On 11/21/2018 Christopher Anthony Harrison, EVP, bought 4,750 with an average share price of $31.40 per share and the total transaction amounting to $149,150.00.
  • On 11/21/2018 Paul Isabella, CEO, bought 3,200 with an average share price of $31.76 per share and the total transaction amounting to $101,632.00.
  • On 11/21/2018 Richard W Frost, Director, bought 10,675 with an average share price of $31.61 per share and the total transaction amounting to $337,436.75.
  • On 8/16/2018 Philip Knisely, Director, bought 6,000 with an average share price of $37.14 per share and the total transaction amounting to $222,840.00.
  • On 8/9/2018 Cd&R Investment Associates Ix,, Major Shareholder, bought 314,400 with an average share price of $38.77 per share and the total transaction amounting to $12,189,288.00.
  • On 6/5/2018 Richard W Frost, Director, bought 11,820 with an average share price of $42.46 per share and the total transaction amounting to $501,877.20.

About Beacon Roofing Supply, Inc. (NASDAQ:BECN)
Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and commercial roofing materials, and other complementary building materials to contractors, home builders, retailers, and building materials suppliers. The company's residential roofing products include asphalt shingles, synthetic slates and tiles, clay and concrete tiles, slates, nail base insulations, metal roofing, felts, synthetic underlayment, wood shingles and shakes, nails and fasteners, metal edgings and flashings, prefabricated flashings, ridges and soffit vents, and solar systems. Its non-residential roofing products comprise single-ply roofing, asphalt, metal, modified bitumen, and build-up roofing products; cements and coatings; flat stock and tapered insulations; commercial fasteners; metal edges and flashings; smoke/roof hatches; roofing tools; sheet metal products, including copper, aluminum, and steel; and PVC, thermoplastic olefin, and ethylene propylene diene monomer membrane products. The company also provides complementary building products, such as vinyl and fiber cement sidings; drywall products; acoustic tiles; stone veneers, windows, doors, skylights, and gutters and downspouts; decking and railing, water proofing, and insulation products; air barriers; and concrete restoration systems. In addition, it offers value-added services, including advice and assistance on product identification, specification, technical support, and training; job site delivery, rooftop loading, and logistical services; tapered insulation design and related layout services; metal fabrication and related metal roofing design and layout services; trade credit and online bill pay; and marketing support for contractors. As of September 30, 2017, the company operated through a network of 549 branches in 50 states of the United States and 6 provinces in Canada. Beacon Roofing Supply, Inc. was founded in 1928 and is headquartered in Herndon, Virginia.

Recent Trading Activity for Beacon Roofing Supply, Inc. (NASDAQ:BECN)
Shares of Beacon Roofing Supply, Inc. closed the previous trading session at 31.82 −0.23 0.72% with 32.72 shares trading hands.