Beacon Roofing (BECN) Moves 7.7% Higher: Will This Strength Last?
Beacon Roofing (BECN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Stifel raises Beacon Roofing Supply target to $131
Stifel analysts increased the price target for Beacon Roofing Supply (NASDAQ:BECN) stock to $131 from the previous target of $115, while reaffirming a Buy rating. The adjustment follows a recent takeover bid by QXO,
Loop Capital Markets Remains a Buy on Beacon Roofing Supply (BECN)
In a report released today, Garik Shmois from Loop Capital Markets maintained a Buy rating on Beacon Roofing Supply (BECN – Research Report),
The Beacon Roofing Supply Inc Rollercoaster: What’s Behind the Latest BECN Stock Fluctuation?
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.73% of Beacon Roofing Supply Inc (BECN)’s shares, while financial institutions hold 97.16%.
Beacon Roofing Supply stock retains Hold rating as QXO confirms takeover offer
Truist Securities maintained a Hold rating and a $95.00 price target on Beacon Roofing Supply (NASDAQ:BECN) stock, despite a significant acquisition offer from QXO. According to InvestingPro data, BECN currently trades at $116,
Truist Financial Gives a Hold Rating to Beacon Roofing Supply (BECN)
In a report released today, Keith Hughes from Truist Financial assigned a Hold rating to Beacon Roofing Supply (BECN – Research Report). The
Beacon Roofing jumps after QXO makes $124.25 a share takeover offer (update)
Beacon Roofing (NASDAQ:BECN) soared 9.3% in premarket trading after QXO Inc. (QXO) offered to buy the building products ...
QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash
Offers Significant and Immediate Value to Beacon Shareholders with a 37% Premium above Beacon’s Unaffected 90-Day Share ...
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Beacon Roofing Supply (NASDAQ:BECN) Stock Quotes, Forecast and News Summary
Global temperatures continue breaking records in July 2024. This trend is caused by human impact on the climate and led to extreme weather events and potential investment opportunities in ...
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BECN Quantitative Stock Analysis
Below is Validea's guru fundamental report for BEACON ROOFING SUPPLY INC (BECN). Of the 22 guru strategies we follow, BECN rates highest using our Acquirer's Multiple Investor model based on the ...
Beacon Building Products to Host 2025 Investor Day
Beacon (Nasdaq: BECN) the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products announced today that it will host an Investor Day in New York ...
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Beacon Roofing Supply Stock Still Offers Upside For Investors
One company that I have been pretty bullish on over the past couple of years now has been Beacon Roofing Supply, Inc. (NASDAQ:BECN). For those not familiar with it, it operates as a distributor of ...
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Beacon Roofing Rejects $11 Billion Buyout Bid: Retail Sentiment Rallies In Support
Shares of Beacon Roofing Supply ($BECN) slipped 0.23% in after-hours trading on Wednesday after surging more than 7% earlier ...
Beacon confirms receipt, reiterates rejection of unsolicited QXO proposal
Beacon (BECN) confirmed that it has previously received and rejected an unsolicited, non-binding proposal from QXO (QXO) to acquire all ...