In a report released today, Greg Palm from Craig-Hallum maintained a Buy rating on Bluelinx Holdings (BXC – Research Report). The company’s shares closed last Friday at $118.87.
Palm covers the Technology sector, focusing on stocks such as Faro Technologies, 3D Systems, and nLIGHT. According to TipRanks, Palm has an average return of 11.1% and a 54.07% success rate on recommended stocks.
Currently, the analyst consensus on Bluelinx Holdings is a Moderate Buy with an average price target of $125.00.
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BXC market cap is currently $1.04B and has a P/E ratio of 10.94.
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Bluelinx Holdings (BXC) Company Description:
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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