The Latest Analyst Ratings for Installed Building Prods
Portfolio Pulse from Benzinga Insights
Installed Building Prods (NYSE:IBP) has received one bullish and four indifferent analyst ratings in the last quarter. The average price target is $133.0, which is lower than the current price of $145.51, implying a downside. The average price target has increased by 13.87% over the past month.
July 13, 2023 | 1:00 pm
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Installed Building Prods has received mixed analyst ratings, with a lower average price target than the current price, suggesting a potential downside.
Analyst ratings can significantly influence investor sentiment and stock prices. In this case, the average price target is lower than the current price, which suggests that analysts believe the stock is overvalued and may experience a price decrease in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100