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Installed Building Products Inc has a consensus price target of $214.54 based on the ratings of 16 analysts. The high is $272 issued by Evercore ISI Group on October 16, 2024. The low is $95 issued by Credit Suisse on April 5, 2022. The 3 most-recent analyst ratings were released by Goldman Sachs, JP Morgan, and DA Davidson on January 14, 2025, November 22, 2024, and November 8, 2024, respectively. With an average price target of $243 between Goldman Sachs, JP Morgan, and DA Davidson, there's an implied 23.57% upside for Installed Building Products Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Installed Building Prods (NYSE:IBP) was reported by Goldman Sachs on January 14, 2025. The analyst firm set a price target for $228.00 expecting IBP to rise to within 12 months (a possible 15.94% upside). 25 analyst firms have reported ratings in the last year.
The latest analyst rating for Installed Building Prods (NYSE:IBP) was provided by Goldman Sachs, and Installed Building Prods maintained their buy rating.
The last upgrade for Installed Building Products Inc happened on December 14, 2023 when JP Morgan raised their price target to $199. JP Morgan previously had a neutral for Installed Building Products Inc.
The last downgrade for Installed Building Products Inc happened on December 13, 2024 when Seaport Global changed their price target from N/A to N/A for Installed Building Products Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Installed Building Prods, 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 Installed Building Prods was filed on January 14, 2025 so you should expect the next rating to be made available sometime around January 14, 2026.
While ratings are subjective and will change, the latest Installed Building Prods (IBP) rating was a maintained with a price target of $262.00 to $228.00. The current price Installed Building Prods (IBP) is trading at is $196.65, which is out of the analyst’s predicted range.
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