Beacon Roofing Supply (BECN) Rating Lowered to Hold at BidaskClub

Find the latest beacon roofing supply, Inc. (BECN) stock quote, history, news and other vital information to help you with your stock trading and investing.

Beacon Roofing Supply (NASDAQ:BECN) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a research report issued on Wednesday. According to Zacks, "Higher contribution from the allied building products acquisition and successful price increases associated with a solid demand environment are expected to support beacon roofing’s growth.

Beacon Roofing Supply (NASDAQ:BECN) was downgraded by investment analysts at BidaskClub from a "hold" rating to a "sell" rating in a research note issued on Thursday. A number of other equities analysts have also weighed in on the stock. SunTrust Banks restated a "buy" rating and set a $44.00 price target on shares of Beacon [.]

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BidaskClub upgraded shares of Beacon Roofing Supply (NASDAQ:BECN) from a sell rating to a hold rating in a report issued on Friday morning, BidAskClub reports. Several other research analysts also recently weighed in on the company. Royal Bank of Canada set a $35.00 price objective on shares of Beacon Roofing Supply and gave the company [.]

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Beacon Roofing Supply has a consensus rating of Hold and an average target price of $40.29. Get Beacon Roofing Supply alerts: Shares of BECN stock opened at $34.62 on Thursday.

Beacon Roofing Supply, Inc. (NASDAQ:BECN) has earned a consensus recommendation of “Hold” from the seventeen brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation and four have given a buy recommendation to the company.

Beacon Roofing Supply (NASDAQ:BECN) was downgraded by investment analysts at BidaskClub from a "hold" rating to a "sell" rating in a research note issued on Thursday. A number of other equities analysts have also weighed in on the stock.

Zacks Investment Research cut shares of Beacon Roofing Supply (NASDAQ:BECN) from a buy rating to a hold rating in a research note published on Wednesday. According to Zacks, “Higher contribution from the Allied Building Products acquisition and successful price increases associated with a solid demand environment are expected to support Beacon Roofing’s growth.

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Beacon Roofing Supply, Inc. (NASDAQ: BECN) stock research, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and.