Where Summit Materials Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 13 analysts have published their opinion on Summit Materials (NYSE:SUM) stock. The average price target for the stock is $43.0, an increase of 13.97% from the previous average price target of $37.73. The majority of the ratings are bullish.
September 12, 2023 | 5:00 pm
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Analysts are generally bullish on Summit Materials, with an increased average price target. This could potentially lead to an increase in the stock's price.
Analyst ratings are a significant factor that can influence a stock's price. In the case of Summit Materials, the majority of the ratings are bullish and the average price target has increased, indicating a positive outlook for the stock. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100