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Beacon Roofing Supply (BECN)
NASDAQ:BECN
Holding BECN?
Track your performance easily
See the Price Targets and Ratings of:
BECN Analyst Ratings
Moderate Buy
6 Buy
3 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
BECN Stock 12 Month Forecast
Average Price Target
$118.13
▲(7.36% Upside)
| Highest Price Target$140.00 | Average Price Target$118.13 | Lowest Price Target$97.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Truist Financial
Assigned
11/19/24
Loop Capital Markets
Reiterated
11/19/24
Stephens
Reiterated
11/19/24
BMO Capital
Reiterated
11/19/24
Robert W. Baird
Reiterated
11/18/24
J.P. Morgan
Reiterated
11/18/24
Benchmark Co.
Reiterated
11/01/24
RBC Capital
Reiterated
10/31/24
Jefferies
Assigned
10/09/24
Stifel Nicolaus
Reiterated
08/02/24
Deutsche Bank
$122→$129
Buy
17.24%
Upside
Reiterated
03/04/24
Beacon Roofing Supply (BECN) PT Raised to $129 at Deutsche Bank, remains a Top Pick among our distributorsDeutsche Bank analyst Joe Ahlersmeyer raised the price target on Beacon Roofing Supply (NASDAQ: BECN) to $129.00 (from $122.00) while maintaining a Buy rating.
William Blair
―
Buy
―
Upgraded
01/08/24
Beacon upgraded to Outperform from Market Perform at William BlairBeacon upgraded to Outperform from Market Perform at William Blair
Unknown Analyst
Not Ranked
Zelman & Assoc.
―
Buy
―
Upgraded
06/17/24
Zelman Associates upgrades Beacon Roofing Supply (BECN) to OutperformZelman Associates upgraded Beacon Roofing Supply (NASDAQ: BECN) from Sell to Outperform.
Best Analysts Covering Beacon Roofing Supply
Which Analyst Should I Follow If I Want to Buy BECN and Sell After:
1 Month
xxx
Success Rate
13/21 ratings generated profit
Average Return
+1.48%
reiterated a xxx
rating 3 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 61.90% of your transactions generating a profit, with an average return of +1.48% per trade.
3 Months
xxx
Success Rate
8/12 ratings generated profit
Average Return
-4.23%
reiterated a xxx
rating 4 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of -4.23% per trade.
1 Year
Success Rate
12/13 ratings generated profit
Average Return
+28.90%
reiterated a buy rating 4 months ago
Copying Stanley Elliott's trades and holding each position for 1 Year would result in 92.31% of your transactions generating a profit, with an average return of +28.90% per trade.
2 Years
xxx
Success Rate
13/13 ratings generated profit
Average Return
+44.72%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +44.72% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
BECN Analyst Recommendation Trends
Rating
Jun 24
Jul 24
Aug 24
Oct 24
Nov 24
Strong Buy
0
0
1
1
1
Buy
10
7
6
8
13
Hold
2
2
2
3
6
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
12
9
9
12
20
Each month's total comprises the sum of three months' worth of ratings.
BECN Financial Forecast
BECN Stock Forecast FAQ
What is BECN’s average 12-month price target, according to analysts?
Based on analyst ratings, Beacon Roofing Supply’s 12-month average price target is $118.13.
What is BECN’s upside potential, based on the analysts’ average price target?
Beacon Roofing Supply has 7.36% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is BECN a Buy, Sell or Hold?
Beacon Roofing Supply has a consensus rating of Moderate Buy which is based on 6 buy ratings, 3 hold ratings and 0 sell ratings.
What is Beacon Roofing Supply’s price target?
The average price target for Beacon Roofing Supply is $118.13. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $140.00 ,the lowest forecast is $97.00. The average price target represents 7.36% Increase from the current price of $110.03.
The highest analyst price target is $140.00 ,the lowest forecast is $97.00. The average price target represents 7.36% Increase from the current price of $110.03.
What do analysts say about Beacon Roofing Supply?
Beacon Roofing Supply’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 9 Wall Streets Analysts.
How can I buy shares of BECN?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.