B.Riley FBR Reiterates Their Hold Rating on BMC Stock Holdings (BMCH)


B.Riley FBR analyst Alex Rygiel reiterated a Hold rating on BMC Stock Holdings (NASDAQ: BMCH) on September 21 and set a price target of $25. The company’s shares closed on Friday at $20.85.

According to TipRanks.com, Rygiel is a 5-star analyst with an average return of 11.2% and a 61.9% success rate. Rygiel covers the Basic Materials sector, focusing on stocks such as Granite Construction Inc, Tutor Perini Corp, and Quanta Services.

BMC Stock Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $25.

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Based on BMC Stock Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $40.41 million. In comparison, last year the company had a net profit of $17.6 million.

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BMC Stock Holdings, Inc. is a providers of diversified building products and services in the U.S. residential construction market. Its products include lumber and lumber sheet goods and an array of value-added products, including millwork, doors, windows and structural components such as engineered wood products, floor and roof trusses and wall panels.

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