Streetbeat News

Price Targets

SUM

Summit Materials (NYSE:SUM) has been evaluated by 13 analysts over the last three months, showing a diverse range of opinions. The average 12-month price target for SUM is $44.92, with a high estimate of $53.00 and a low of $38.00, marking a 5.84% increase from the previous target of $42.44. Analysts from firms like Truist Securities, RBC Capital, Barclays, Goldman Sachs, JP Morgan, and Stephens & Co. have updated their ratings and price targets, reflecting a generally positive outlook. Summit Materials, engaged in the production and sale of construction materials, shows a positive revenue trend with a 19.53% growth rate as of December 31, 2023, but faces challenges in net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:00 pm

BJ

BJ's Wholesale Club (NYSE:BJ) was analyzed by 11 analysts, showing a mix of opinions. Recent updates include raised price targets and ratings by several analysts, reflecting a positive outlook on the company's performance. The average 12-month price target is now $79.82, up from $75.56. BJ's financials indicate strong growth and financial health, with notable revenue growth, net margin, ROE, and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:00 pm

UNM

JP Morgan analyst Jimmy Bhullar has maintained an Overweight rating on Unum Group (UNM) and increased the price target from $56 to $58.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:00 pm

VMC

Vulcan Materials (NYSE:VMC) received mixed analyst ratings with 8 analysts offering insights in the past three months. The average 12-month price target is $266.88, reflecting a 5.85% increase from the previous target. Analysts from firms like Truist Securities, JP Morgan, and Goldman Sachs have raised their price targets, indicating a positive outlook on VMC's performance. Vulcan Materials, a leading producer of construction aggregates in the US, reported a revenue growth rate of 5.91% and a net margin of 12.4%, outperforming industry averages in profitability but facing challenges in asset utilization and financial leverage.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 3:00 pm

RGA

JP Morgan analyst Jimmy Bhullar maintains a Neutral rating on Reinsurance Group of America (RGA) and raises the price target from $170 to $189.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 2:56 pm

BMEA

Biomea Fusion's stock price is trading lower following a downgrade by JP Morgan from Overweight to Neutral, with a significant reduction in the price target from $51 to $14.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 2:54 pm

LPLA

JP Morgan analyst Michael Cho maintains a Neutral rating on LPL Financial Holdings (LPLA) and raises the price target from $254 to $260.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 2:52 pm

LNC

JP Morgan analyst Jimmy Bhullar has maintained an Underweight rating on Lincoln National (NYSE:LNC) and increased the price target from $26 to $29.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 2:49 pm

ASND

JP Morgan analyst Jessica Fye maintains an Overweight rating on Ascendis Pharma (ASND) and raises the price target from $165 to $167.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 2:47 pm

GE

JP Morgan analyst Seth Seifman has maintained an Overweight rating on GE Aerospace, while reducing the price target from $180 to $148. This adjustment reflects a change in valuation but continues to suggest a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 2:44 pm