Where Summit Materials Stands With Analysts
Portfolio Pulse from Benzinga Insights
Summit Materials (NYSE:SUM) has received various analyst ratings in the last quarter, with an average price target of $42.55, indicating a potential upside from its current price of $35.83. The current average has increased by 15.94% from the previous average price target of $36.70.
August 24, 2023 | 6:00 pm
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POSITIVE IMPACT
Analysts have set an average price target of $42.55 for Summit Materials, indicating a potential upside from its current price of $35.83.
The average price target set by analysts indicates a potential upside for Summit Materials. This suggests that they believe the stock is undervalued at its current price, which could lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100