Jefferies Maintains Summit Materials(SUM.US) With Buy Rating, Cuts Target Price to $56

富瑞集團維持Summit Materials(SUM.US)買入評級，下調目標價至56美元

moomoo資訊 · 2024/10/09 13:31 · 評級/大行評級

Jefferies analyst Philip Ng maintains $Summit Materials (SUM.US)$ with a buy rating, and adjusts the target price from $58 to $56.

According to TipRanks data, the analyst has a success rate of 57.4% and a total average return of 10.2% over the past year.

AnalystRecentRatingAutoNews_210858_20241009_4afae41539d1bb068aef88786703bbda1bbe98b3_1728556248669331_mm_en

Furthermore, according to the comprehensive report, the opinions of $Summit Materials (SUM.US)$'s main analysts recently are as follows:

Valuations in the construction materials sector are considered somewhat inflated given the reduced growth forecasts. The sector currently faces a scarcity of immediate growth catalysts and is likely to experience a subdued third quarter. This situation may lead to additional declines as valuations adjust to align with historical norms. It is suggested that investors may find more opportune moments to establish positions in the future.
For the building products sector, analysts are adjusting forecasts to accommodate immediate challenges, notably inclement weather conditions and a slowdown in housing starts. This adjustment suggests that stock performance could experience volatility surrounding earnings announcements. Nonetheless, there is an optimistic outlook for the year 2025, anticipating that declining rates will fuel a rebound, particularly for underperforming companies within the industry.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

富瑞集團分析師Philip Ng維持$Summit Materials (SUM.US)$買入評級，並將目標價從58美元下調至56美元。

根據TipRanks數據顯示，該分析師近一年總勝率為57.4%，總平均回報率為10.2%。

AnalystRecentRatingAutoNews_210858_20241009_4afae41539d1bb068aef88786703bbda1bbe98b3_1728556248669331_mm_tc

此外，綜合報道，$Summit Materials (SUM.US)$近期主要分析師觀點如下：

鑑於增長預測的下調，建築材料行業的估值被認爲有所誇大。該行業目前面臨短缺的即時增長催化劑，第三季度可能會表現疲軟。隨着估值調整以符合歷史規範，這種情況可能會導致進一步下跌。有人認爲，投資者將來可能會找到更多建立頭寸的好時機。
對於建築產品行業，分析師正在調整預測以應對眼前的挑戰，尤其是惡劣的天氣條件和房屋開工放緩。這一調整表明，股票表現可能會在業績公告前後出現波動。儘管如此，2025年前景樂觀，預計利率下降將推動反彈，尤其是業內表現不佳的公司。

提示:

TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。

TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。

分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。

總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。

声明：本內容僅用作提供資訊及教育之目的，不構成對任何特定投資或投資策略的推薦或認可。更多信息

Jefferies Maintains Summit Materials(SUM.US) With Buy Rating, Cuts Target Price to $56

Jefferies Maintains Summit Materials(SUM.US) With Buy Rating, Cuts Target Price to $56

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