Wedbush analyst Jay McCanless maintained a Buy rating on Builders Firstsource (BLDR – Research Report) today and set a price target of $225.00. The company’s shares closed last Friday at $185.33.
McCanless covers the Consumer Cyclical sector, focusing on stocks such as KB Home, Meritage, and Century Communities. According to TipRanks, McCanless has an average return of 22.5% and a 71.77% success rate on recommended stocks.
Currently, the analyst consensus on Builders Firstsource is a Moderate Buy with an average price target of $189.67, representing a 2.34% upside. In a report released on January 29, Bank of America Securities also upgraded the stock to a Buy with a $200.00 price target.
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The company has a one-year high of $186.58 and a one-year low of $76.69. Currently, Builders Firstsource has an average volume of 1.83M.
Based on the recent corporate insider activity of 101 insiders, corporate insider sentiment is neutral on the stock.
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Builders Firstsource (BLDR) Company Description:
Builers FirstSource, Inc. engages in the supply and manufacture of building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers. It operates through the following segments: Northeast, Southeast, South, and West. Its products includes factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, as well as engineered wood. The company was founded by Kevin P. O’Meara, Donald F. McAleenan, and John D. Roach in March 1998 and is headquartered in Dallas, TX.
Read More on BLDR:
- Early notable gainers among liquid option names on January 29th
- Builders FirstSource upgraded to Buy at BofA amid new construction preference
- Builders FirstSource upgraded to Buy from Neutral at BofA
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