Analysts fell to the sidelines weighing in on Summit Materials (SUM – Research Report) and CF Holdings (CF – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Summit Materials (SUM)
In a report released yesterday, Adam Seiden from Barclays reiterated a Hold rating on Summit Materials, with a price target of $40.00. The company’s shares closed last Wednesday at $37.63, close to its 52-week high of $39.56.
According to TipRanks.com, Seiden is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Summit Materials with a $43.29 average price target, which is a 15.8% upside from current levels. In a report issued on February 12, RBC Capital also maintained a Hold rating on the stock with a $38.00 price target.
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CF Holdings (CF)
In a report released yesterday, Benjamin Theurer from Barclays maintained a Hold rating on CF Holdings, with a price target of $85.00. The company’s shares closed last Wednesday at $77.58.
According to TipRanks.com, Theurer is a 4-star analyst with an average return of
CF Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $88.50, representing a 14.6% upside. In a report issued on January 31, UBS also downgraded the stock to Hold with a $83.00 price target.
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Read More on SUM:
- Summit Materials Finalizes Acquisition of Argos USA
- SUM Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Summit Materials price target raised to $42 from $40 at DA Davidson
- Summit Materials price target raised to $44 from $41 at Loop Capital
- Summit Materials Completes Combination with Argos USA
