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Installed Building Prods

IBPNYSE
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$232.29
14.576.69%
At Close: -
$232.29
00.00%
After Hours: Aug 23, 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$295.00
Lowest Price Target1
$95.00
Consensus Price Target1
$214.50

Installed Building Prods (NYSE:IBP) Stock, Analyst Ratings, Price Targets, Forecasts

Installed Building Products Inc has a consensus price target of $214.5 based on the ratings of 19 analysts. The high is $295 issued by Goldman Sachs on August 2, 2024. The low is $95 issued by Credit Suisse on April 5, 2022. The 3 most-recent analyst ratings were released by Stephens & Co., RBC Capital, and Goldman Sachs on August 5, 2024, August 2, 2024, and August 2, 2024, respectively. With an average price target of $246 between Stephens & Co., RBC Capital, and Goldman Sachs, there's an implied 5.90% upside for Installed Building Products Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Apr
1
May
1
Jul
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stephens & Co.
RBC Capital
Goldman Sachs
Truist Securities
Jefferies

1calculated from analyst ratings

Analyst Ratings for Installed Building Prods

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Installed Building Prods (IBP) stock?

A

The latest price target for Installed Building Prods (NYSE:IBP) was reported by Stephens & Co. on August 5, 2024. The analyst firm set a price target for $240.00 expecting IBP to rise to within 12 months (a possible 3.32% upside). 28 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Installed Building Prods (IBP)?

A

The latest analyst rating for Installed Building Prods (NYSE:IBP) was provided by Stephens & Co., and Installed Building Prods reiterated their equal-weight rating.

Q

When was the last upgrade for Installed Building Prods (IBP)?

A

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.

Q

When was the last downgrade for Installed Building Prods (IBP)?

A

The last downgrade for Installed Building Products Inc happened on February 28, 2024 when JP Morgan changed their price target from $199 to $242 for Installed Building Products Inc.

Q

When is the next analyst rating going to be posted or updated for Installed Building Prods (IBP)?

A

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 August 5, 2024 so you should expect the next rating to be made available sometime around August 5, 2025.

Q

Is the Analyst Rating Installed Building Prods (IBP) correct?

A

While ratings are subjective and will change, the latest Installed Building Prods (IBP) rating was a reiterated with a price target of $240.00 to $240.00. The current price Installed Building Prods (IBP) is trading at is $232.29, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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