What 4 Analyst Ratings Have To Say About TopBuild
Portfolio Pulse from Benzinga Insights
TopBuild (NYSE:BLD) received 4 analyst ratings in the last quarter, with 2 bullish and 2 somewhat bullish, and no indifferent, somewhat bearish, or bearish ratings. The average price target given by these analysts is $350.0, which is slightly above TopBuild's current price of $348.85, suggesting a marginal upside. The average price target has seen a 9.38% increase over the past month. Analyst ratings are based on future earnings predictions and company risk assessments, and are updated quarterly or after major company events.
December 14, 2023 | 7:01 pm
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POSITIVE IMPACT
TopBuild has received 4 positive analyst ratings with an average price target of $350, indicating a slight upside from the current price of $348.85. The target has increased by 9.38% over the past month.
The positive analyst ratings and the slight increase in the average price target suggest optimism about TopBuild's future performance. This could lead to a short-term increase in the stock price as investors may view the analyst consensus as a bullish signal. The high relevance score is due to the direct mention of TopBuild and its analyst ratings. The importance is significant as analyst ratings can influence investor sentiment, but not at the highest level since the price target suggests only a marginal upside. The confidence level is high due to the clear consensus among the analysts and the recent increase in the price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100