In a report released today, Kurt Yinger from D.A. Davidson maintained a Buy rating on Bluelinx Holdings (BXC – Research Report). The company’s shares closed yesterday at $67.50.
According to TipRanks, Yinger is a 4-star analyst with an average return of 21.3% and a 65.79% success rate. Yinger covers the Industrial Goods sector, focusing on stocks such as Bluelinx Holdings, Simpson Manufacturing Co, and Kadant.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bluelinx Holdings with a $105.00 average price target.
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The company has a one-year high of $100.01 and a one-year low of $57.50. Currently, Bluelinx Holdings has an average volume of 103.9K.
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BlueLinx Holdings, Inc. engages in the distribution of building and industrial products. Its products include two principal categories: structural and specialty. Structural products include plywood, oriented strand board, rebar and remesh, lumber, spruce and other wood products primarily used for structural support, walls, and flooring in construction projects. Specialty products include engineered wood products, moulding, siding, cedar, metal products and insulation. The company was founded in May 2004 and is headquartered in Atlanta, GA.
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