Barclays Reaffirms Their Buy Rating on Continental Building Products (CBPX)


Barclays analyst Matthew Bouley maintained a Buy rating on Continental Building Products (NYSE: CBPX) today and set a price target of $39. The company’s shares closed on Friday at $34.30, close to its 52-week high of $34.90.

According to TipRanks.com, Bouley is ranked #4003 out of 4846 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Continental Building Products with a $34 average price target, which is a -0.9% downside from current levels. In a report released today, Raymond James also upgraded the stock to Buy.

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Continental Building Products’ market cap is currently $1.26B and has a P/E ratio of 18.24. The company has a Price to Book ratio of 3.81.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is neutral on the stock.

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Continental Building Products, Inc. engages in manufacturing and supplies of gypsum wallboard and complementary finishing products. It provides wallboard and joint compound materials for the building and construction of residential houses and commercial buildings. The company operates through the following segments: Wallboard and Other.

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