Craig-Hallum analyst Greg Palm maintained a Buy rating on Bluelinx Holdings (BXC – Research Report) today. The company’s shares closed yesterday at $94.24.
Palm covers the Industrials sector, focusing on stocks such as Ranpak Holdings, Skyline Champion, and Allied Motion Technologies. According to TipRanks, Palm has an average return of 10.1% and a 50.26% 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 $856.5M and has a P/E ratio of 4.88.
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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.
Read More on BXC:
- BXC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- BlueLinx to Host Second Quarter 2023 Results Conference Call and Webcast on August 2, 2023
- BlueLinx announces Andrew Wamser as CFO, Kelly Janzen to depart August-end
- BlueLinx Appoints Andrew Wamser as Senior Vice President & Chief Financial Officer-Elect
- BlueLinx Appoints Tricia Kinney as General Counsel and Corporate Secretary
