$87.83
0.991.14%
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$87.83
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Beacon Roofing Supply
BECNNASDAQ
Beacon Roofing Supply (NASDAQ:BECN) Stock, Analyst Ratings, Price Targets, Predictions
Beacon Roofing Supply Inc has a consensus price target of $82.94, established from looking at the 49 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, Truist Securities, and Baird on May 28, 2024, May 3, 2024, and May 3, 2024. With an average price target of $109.67 between JP Morgan, Truist Securities, and Baird, there's an implied 24.86% upside for Beacon Roofing Supply Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
JP Morgan
Truist Securities
Baird
Benchmark
BMO Capital
1calculated from analyst ratings
Analyst Ratings for Beacon Roofing Supply
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/28/2024 | Buy Now | 33.21% | JP Morgan | Michael Rehaut | $100 → $117 | Maintains | Overweight | Get Alert |
| 05/03/2024 | Buy Now | 8.16% | Truist Securities | Keith Hughes | $90 → $95 | Maintains | Hold | Get Alert |
| 05/03/2024 | Buy Now | 33.21% | Baird | David Manthey | $115 → $117 | Maintains | Outperform | Get Alert |
| 04/18/2024 | Buy Now | 53.71% | Benchmark | Reuben Garner | → $135 | Initiates | → Buy | Get Alert |
| 04/11/2024 | Buy Now | 36.63% | BMO Capital | Ketan Mamtora | $95 → $120 | Maintains | Outperform | Get Alert |
| 04/01/2024 | Buy Now | 30.93% | Loop Capital | Garik Shmois | $110 → $115 | Maintains | Buy | Get Alert |
| 02/29/2024 | Buy Now | 30.93% | Baird | David Manthey | $99 → $115 | Upgrade | Neutral → Outperform | Get Alert |
| 01/11/2024 | Buy Now | 10.44% | JP Morgan | Michael Rehaut | $103 → $97 | Maintains | Overweight | Get Alert |
| 01/08/2024 | Buy Now | — | William Blair | Ryan Merkel | — | Upgrade | Market Perform → Outperform | Get Alert |
| 12/19/2023 | Buy Now | 35.49% | Stifel | Stanley Elliott | $115 → $119 | Maintains | Buy | Get Alert |
| 12/14/2023 | Buy Now | 17.27% | JP Morgan | Michael Rehaut | $86 → $103 | Upgrade | Neutral → Overweight | Get Alert |
| 10/17/2023 | Buy Now | -8.91% | Truist Securities | Keith Hughes | $95 → $80 | Maintains | Hold | Get Alert |
| 10/05/2023 | Buy Now | 7.02% | RBC Capital | Mike Dahl | $91 → $94 | Upgrade | Sector Perform → Outperform | Get Alert |
| 08/08/2023 | Buy Now | 22.96% | Deutsche Bank | Joe Ahlersmeyer | $102 → $108 | Maintains | Buy | Get Alert |
| 08/07/2023 | Buy Now | 8.16% | Raymond James | Sam Darkatsh | $75 → $95 | Maintains | Outperform | Get Alert |
| 08/04/2023 | Buy Now | 8.16% | Truist Securities | Keith Hughes | $85 → $95 | Maintains | Hold | Get Alert |
| 07/13/2023 | Buy Now | 0.19% | Jefferies | Philip Ng | $75 → $88 | Maintains | Hold | Get Alert |
| 07/10/2023 | Buy Now | -3.22% | Truist Securities | Keith Hughes | → $85 | Reiterates | Hold → Hold | Get Alert |
| 07/06/2023 | Buy Now | -3.22% | Truist Securities | Keith Hughes | $61 → $85 | Maintains | Hold | Get Alert |
| 06/16/2023 | Buy Now | 2.47% | BMO Capital | Ketan Mamtora | $75 → $90 | Maintains | Outperform | Get Alert |
| 05/08/2023 | Buy Now | -22.58% | Stephens & Co. | Trey Grooms | $70 → $68 | Maintains | Equal-Weight | Get Alert |
| 05/05/2023 | Buy Now | -2.08% | Deutsche Bank | Joe Ahlersmeyer | $85 → $86 | Maintains | Buy | Get Alert |
| 03/10/2023 | Buy Now | — | Zelman & Assoc | — | — | Downgrade | Hold → Sell | Get Alert |
| 02/27/2023 | Buy Now | -3.22% | Deutsche Bank | Joe Ahlersmeyer | $81 → $85 | Maintains | Buy | Get Alert |
| 02/27/2023 | Buy Now | -13.47% | Baird | David Manthey | $65 → $76 | Maintains | Neutral | Get Alert |
| 02/27/2023 | Buy Now | -16.88% | Stephens & Co. | Trey Grooms | $65 → $73 | Maintains | Equal-Weight | Get Alert |
| 02/07/2023 | Buy Now | — | Zelman & Assoc | — | — | Initiates | → Hold | Get Alert |
| 01/24/2023 | Buy Now | -25.99% | Baird | David Manthey | $67 → $65 | Maintains | Neutral | Get Alert |
| 01/11/2023 | Buy Now | -7.78% | Deutsche Bank | Joe Ahlersmeyer | $79 → $81 | Maintains | Buy | Get Alert |
| 12/19/2022 | Buy Now | 3.61% | Stifel | Stanley Elliott | $80 → $91 | Maintains | Buy | Get Alert |
| 11/07/2022 | Buy Now | -38.52% | RBC Capital | Mike Dahl | $59 → $54 | Maintains | Sector Perform | Get Alert |
| 10/20/2022 | Buy Now | -10.05% | Deutsche Bank | Joe Ahlersmeyer | $90 → $79 | Maintains | Buy | Get Alert |
| 10/14/2022 | Buy Now | -25.99% | Baird | David Manthey | $77 → $65 | Downgrade | Outperform → Neutral | Get Alert |
| 08/18/2022 | Buy Now | 2.47% | Deutsche Bank | Joe Ahlersmeyer | → $90 | Initiates | → Buy | Get Alert |
| 08/08/2022 | Buy Now | -27.13% | Stephens & Co. | Trey Grooms | $72 → $64 | Maintains | Equal-Weight | Get Alert |
| 07/19/2022 | Buy Now | — | William Blair | Ryan Merkel | — | Downgrade | Outperform → Market Perform | Get Alert |
| 07/15/2022 | Buy Now | -32.82% | JP Morgan | Michael Rehaut | $66 → $59 | Maintains | Neutral | Get Alert |
| 06/28/2022 | Buy Now | -36.24% | Wells Fargo | Deepa Raghavan | $67 → $56 | Maintains | Equal-Weight | Get Alert |
| 06/22/2022 | Buy Now | -33.96% | RBC Capital | Mike Dahl | $70 → $58 | Downgrade | Outperform → Sector Perform | Get Alert |
| 05/09/2022 | Buy Now | -14.61% | Raymond James | Sam Darkatsh | $62 → $75 | Maintains | Outperform | Get Alert |
| 04/21/2022 | Buy Now | -23.72% | Wells Fargo | Deepa Raghavan | $59 → $67 | Maintains | Equal-Weight | Get Alert |
| 04/20/2022 | Buy Now | -24.85% | JP Morgan | Michael Rehaut | $68 → $66 | Maintains | Neutral | Get Alert |
| 03/30/2022 | Buy Now | -22.58% | JP Morgan | Michael Rehaut | → $68 | Upgrade | Underweight → Neutral | Get Alert |
| 12/06/2021 | Buy Now | -29.41% | Raymond James | Sam Darkatsh | — | Upgrade | Market Perform → Outperform | Get Alert |
| 11/29/2021 | Buy Now | -33.96% | Truist Securities | Keith Hughes | — | Downgrade | Buy → Hold | Get Alert |
| 10/18/2021 | Buy Now | — | RBC Capital | Mike Dahl | — | Upgrade | Sector Perform → Outperform | Get Alert |
| 08/12/2021 | Buy Now | — | Berenberg | Daniel Wang | — | Downgrade | Buy → Hold | Get Alert |
| 08/10/2021 | Buy Now | -36.24% | Jefferies | Philip Ng | — | Downgrade | Buy → Hold | Get Alert |
| 07/16/2021 | Buy Now | -33.96% | Wells Fargo | Deepa Raghavan | — | Initiates | → Equal-Weight | Get Alert |
FAQ
What is the target price for Beacon Roofing Supply (BECN) stock?
The latest price target for Beacon Roofing Supply (NASDAQ:BECN) was reported by JP Morgan on May 28, 2024. The analyst firm set a price target for $117.00 expecting BECN to rise to within 12 months (a possible 33.21% upside). 19 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Beacon Roofing Supply (BECN)?
The latest analyst rating for Beacon Roofing Supply (NASDAQ:BECN) was provided by JP Morgan, and Beacon Roofing Supply maintained their overweight rating.
When was the last upgrade for Beacon Roofing Supply (BECN)?
The last upgrade for Beacon Roofing Supply Inc happened on February 29, 2024 when Baird raised their price target to $115. Baird previously had a neutral for Beacon Roofing Supply Inc.
When was the last downgrade for Beacon Roofing Supply (BECN)?
The last downgrade for Beacon Roofing Supply Inc happened on March 10, 2023 when Zelman & Assoc changed their price target from N/A to N/A for Beacon Roofing Supply Inc.
When is the next analyst rating going to be posted or updated for Beacon Roofing Supply (BECN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Beacon Roofing Supply, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Beacon Roofing Supply was filed on May 28, 2024 so you should expect the next rating to be made available sometime around May 28, 2025.
Is the Analyst Rating Beacon Roofing Supply (BECN) correct?
While ratings are subjective and will change, the latest Beacon Roofing Supply (BECN) rating was a maintained with a price target of $100.00 to $117.00. The current price Beacon Roofing Supply (BECN) is trading at is $87.83, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.