On Nov 01, major Wall Street analysts update their ratings for $Summit Materials (SUM.US)$, with price targets ranging from $47 to $60.
Barclays analyst Adam Seiden maintains with a buy rating, and maintains the target price at $52.
Loop Capital analyst Garik Shmois maintains with a buy rating, and adjusts the target price from $49 to $54.
RBC Capital analyst Michael Dahl maintains with a buy rating, and adjusts the target price from $53 to $54.
Truist Financial analyst Keith Hughes maintains with a buy rating, and sets the target price at $60.
Seaport Global analyst Rohit Seth maintains with a buy rating, and maintains the target price at $47.
Furthermore, according to the comprehensive report, the opinions of $Summit Materials (SUM.US)$'s main analysts recently are as follows:
Summit Materials reported robust results for the third quarter and mostly reaffirmed its guidance for FY24, which was welcomed by observers given that weather-related uncertainties had loomed large over the period. This confirmation was particularly noteworthy considering the cautious stance taken by peers in their recent reports.
Here are the latest investment ratings and price targets for $Summit Materials (SUM.US)$ from 5 analysts:
Note:
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