In a report released yesterday, Stanley Elliott from Stifel Nicolaus maintained a Buy rating on Concrete Pumping Holdings (BBCP – Research Report), with a price target of $9.00. The company’s shares closed yesterday at $7.52.
Elliott covers the Industrial Goods sector, focusing on stocks such as Deere, Terex, and Agco. According to TipRanks, Elliott has an average return of 15.6% and a 68.21% success rate on recommended stocks.
Concrete Pumping Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $8.50, which is a 13.03% upside from current levels. In a report released today, Robert W. Baird also maintained a Buy rating on the stock with a $8.00 price target.
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The company has a one-year high of $8.24 and a one-year low of $4.64. Currently, Concrete Pumping Holdings has an average volume of 106K.
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Concrete Pumping Holdings, Inc. engages in the provision of concrete pumping services and concrete waste management services. Its brands include US Concrete Pumping-Brundage-Bone, UK Concrete Pumping-Camfaud, and Concrete Waste Management Services-Eco-Pan. The company was founded in 1983 and is headquartered in Thornton, CO.
Read More on BBCP:
- Concrete Pumping Holdings Sets First Quarter 2023 Earnings Conference Call for Thursday, March 9, 2023
- Concrete Pumping price target raised to $7.50 from $7.00 at Baird
- Concrete Pumping Holdings Reports Strong Fourth Quarter and Fiscal Year 2022 Results, Provides Financial Outlook for Fiscal Year 2023
- Concrete Pumping reports Q4 EPS 14c, consensus 12c
- Concrete Pumping Holdings Sets Fourth Quarter and Fiscal Year 2022 Earnings Conference Call for Monday, January 23, 2023
