In a report released today, Jeffrey Stevenson from Loop Capital Markets maintained a Buy rating on Bluelinx Holdings (BXC – Research Report), with a price target of $105.00. The company’s shares closed yesterday at $75.41.
Stevenson covers the Industrial Goods sector, focusing on stocks such as SiteOne Landscape Supply, Bluelinx Holdings, and AZEK Company. According to TipRanks, Stevenson has an average return of -12.3% and a 31.25% success rate on recommended stocks.
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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BXC market cap is currently $685.4M and has a P/E ratio of 3.90.
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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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