Beacon Roofing Supply (NASDAQ:BECN) Given New $131.00 Price Target at Stifel Nicolaus
Beacon Roofing Supply (NASDAQ:BECN – Free Report) had its price objective raised by Stifel Nicolaus from $115.00 to $131.00 in a research report sent to investors on Friday,Benzinga reports. They currently have a buy rating on the stock.
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.
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
Wedge Capital Management L L P NC Lowers Position in Beacon Roofing Supply, Inc. (NASDAQ:BECN)
Wedge Capital Management L L P NC lowered its stake in Beacon Roofing Supply, Inc. (NASDAQ:BECN – Free Report) by 1.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission.
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,
Herndon’s Beacon Roofing rejects $11B hostile takeover
Herndon, Virginia-based Beacon Roofing Supply has rejected an $11 billion hostile takeover bid from QXO, saying it ...
Beacon Roofing Supply Stock Rises as QXO Proposes $11 Billion Cash Takeover
Beacon Roofing Supply stock rose sharply on Wednesday after building-products distributor QXO made an $11 billion cash bid to ...
Beacon Roofing rejects QXO's $11 billion takeover offer
Beacon Roofing Supply on Wednesday rejected a $11 billion takeover offer from QXO, a new player in the building products ...
Materials Gain Amid Deal Activity - Materials Roundup
Producers of metals and other raw materials rose amid deal activity. Roofing materials distributor Beacon Roofing Supply rallied after it rejected an $11 billion buyout offer from rival ...
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QXO Readies Proxy Fight for Beacon, Issues Open Letter to Chairman
The letter shares full details of QXO's offer and claims Beacon has intentionally taken actions to "frustrate a transaction." ...
QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash
(Nasdaq: QXO) today announced that it has made public a proposal to the Board of Directors of Beacon Roofing Supply, Inc. (Nasdaq: BECN) to acquire all outstanding shares of Beacon for $124.25 per ...
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Beacon Roofing rejects QXO's $11 bln takeover offer
Beacon, with a market value of $6.74 billion, is the largest publicly traded distributor of roofing materials and complementary building products in the U.S. and Canada, according to its website ...