Truist Financial analyst Michael Roxland maintained a Buy rating on Boise Cascade (BCC – Research Report) on November 27 and set a price target of $126.00. The company’s shares closed yesterday at $113.25.
According to TipRanks, Roxland is a 3-star analyst with an average return of 2.0% and a 52.00% success rate. Roxland covers the Consumer Cyclical sector, focusing on stocks such as WestRock, Avery Dennison, and Crown Holdings.
The word on The Street in general, suggests a Hold analyst consensus rating for Boise Cascade with a $112.25 average price target.
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BCC market cap is currently $4.56B and has a P/E ratio of 8.94.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BCC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Boise Cascade (BCC) Company Description:
Boise Cascade Co. engages in the manufacture and distribution of vertically-integrated wood products and building materials. It operates through the Wood Products and Building Materials Distribution (BMD) segments. The Wood Products segment manufactures and sells engineered wood products, plywood, particleboard, studs and ponderosa pine lumber. The Building Materials Distribution segment distributes and sells broad line of building materials, including engineered wood products, oriented strand board, plywood, lumber, and general line items such as siding, metal products, insulation, roofing, and composite decking. The company was founded on October 29, 2004 and is headquartered in Boise, ID.
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