Analyst Scoreboard: 9 Ratings For Summit Materials
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Summit Materials (NYSE:SUM) over the past quarter, with a range of price targets and opinions from bullish to bearish. The average 12-month price target is $47.0, with a high of $56.00 and a low of $41.00. Recent analyst actions include maintaining, lowering, and raising ratings, reflecting varied perceptions of the company's performance. Summit Materials has shown strong revenue growth but faces challenges with profitability and debt management.
October 15, 2024 | 4:01 pm
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Summit Materials has received mixed analyst ratings, with a 12-month average price target of $47.0. The company shows strong revenue growth but struggles with profitability and debt management.
The mixed analyst ratings and varied price targets indicate uncertainty about Summit Materials' short-term performance. While the company has strong revenue growth, its profitability and debt management issues may offset positive sentiment, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100