Beacon Roofing Supply (NASDAQ:BECN) Given New $131.00 Price Target at Stifel Nicolaus
Beacon Roofing Supply (NASDAQ:BECN – Free Report) had its price objective raised by Stifel Nicolaus from $115.00 to $131.00 in a research report sent to investors on Friday,Benzinga reports. They currently have a buy rating on the stock.
Jim Cramer Believes Beacon Roofing (BECN) Could Be Undervalued: Here’s Why
We recently published a list of Jim Cramer Discussed These 18 Stocks As Inflation Dropped. In this article, we are going to take a look at where Beacon Roofing Supply, Inc. (NASDAQ:BECN) stands against other stocks that Jim Cramer discussed as inflation drops.
Beacon Roofing (BECN) Moves 7.7% Higher: Will This Strength Last?
Beacon Roofing (BECN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Wedge Capital Management L L P NC Lowers Position in Beacon Roofing Supply, Inc. (NASDAQ:BECN)
Wedge Capital Management L L P NC lowered its stake in Beacon Roofing Supply, Inc. (NASDAQ:BECN – Free Report) by 1.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission.
Beacon Roofing Supply Inc (BECN) Stock Posted a Gross Margin of 23.65% Over the Past Year: Is This Justifiable?
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.73% of Beacon Roofing Supply Inc (BECN)’s shares, while financial institutions hold 97.16%.
Beacon Roofing Supply Receives Buy Rating Amid QXO Acquisition Bid
Beacon Roofing Supply (BECN) has received a new Buy rating, initiated by Stifel Nicolaus analyst, W. Andrew Carter.Stay Ahead of the
Stifel raises Beacon Roofing Supply target to $131
Stifel analysts increased the price target for Beacon Roofing Supply (NASDAQ:BECN) stock to $131 from the previous target of $115, while reaffirming a Buy rating. The adjustment follows a recent takeover bid by QXO,
Beacon Roofing may see other takeover interest, Lowe's most compelling - analyst
Beacon Roofing (BECN) could attract more takeover offers after rejecting a $124.25/share bid from QXO Inc., potentially from ...
Beacon Roofing Rejects QXO's $11 Billion Takeover Offer
Earlier on Wednesday, QXO CEO and billionaire Brad Jacobs made public its $124.25 per share offer for Virginia-based Beacon ...
Herndon’s Beacon Roofing rejects $11B hostile takeover
Herndon, Virginia-based Beacon Roofing Supply has rejected an $11 billion hostile takeover bid from QXO, saying it ...
Beacon Roofing jumps after QXO makes $124.25 a share takeover offer (update)
Adds Beacon response. Beacon Roofing (NASDAQ:BECN) soared 10% after QXO Inc. (QXO) offered to buy the building products ...
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QXO Readies Proxy Fight for Beacon, Issues Open Letter to Chairman
The letter shares full details of QXO's offer and claims Beacon has intentionally taken actions to "frustrate a transaction." ...
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Beacon Roofing Rejects $11 Billion Buyout Bid: Retail Sentiment Rallies In Support
Shares of Beacon Roofing Supply ($BECN) slipped 0.23% in after-hours trading on Wednesday after surging more than 7% earlier ...