TopBuild (BLD) Gets a Buy from Loop Capital Markets

Loop Capital Markets analyst Jeffrey Stevenson assigned a Buy rating to TopBuild (BLD – Research Report) today and set a price target of $465.00. The company’s shares closed yesterday at $384.66.

According to TipRanks, Stevenson is a 5-star analyst with an average return of 20.8% and a 64.15% success rate. Stevenson covers the Industrials sector, focusing on stocks such as Trex Company, SiteOne Landscape Supply, and GMS.

Currently, the analyst consensus on TopBuild is a Strong Buy with an average price target of $465.38.

The company has a one-year high of $452.87 and a one-year low of $199.31. Currently, TopBuild has an average volume of 260.9K.

Based on the recent corporate insider activity of 31 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 BLD 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.

TopBuild (BLD) Company Description:

TopBuild Corp. is an installer and distributor of insulation products and other building products to the U.S. construction industry. It operates through two segments: Installation and Distribution. The Installation segment provides insulation installation services nationwide through its TruTeam contractor services business branches located in the U.S. The Distribution segment distributes insulation and other building products, including rain gutters, fireplaces, closet shelving, and roofing materials through its Service Partners business. The company was founded in February 2015 and is headquartered in Daytona Beach, FL.