8 Analysts Have This to Say About Installed Building Prods
Portfolio Pulse from Benzinga Insights
Installed Building Prods (NYSE:IBP) received 8 analyst ratings in the last quarter, with 6 bullish and 2 somewhat bullish, and none indifferent, somewhat bearish, or bearish. The 12-month price target average for IBP is $174.5, a 10.54% increase from the previous target of $157.86. The high target is $199.00 and the low target is $150.00. Analyst ratings are opinions on stock performance and are updated quarterly.
December 14, 2023 | 3:01 pm
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POSITIVE IMPACT
Installed Building Prods (NYSE:IBP) has received positive analyst ratings, with an increased average price target suggesting a bullish outlook for the stock.
The unanimous bullish and somewhat bullish ratings from analysts, combined with an increased average price target, indicate a strong positive sentiment towards IBP. This consensus could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100