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Barclays Thinks GMS Inc’s Stock is Going to Recover


In a report released yesterday, Matthew Bouley from Barclays maintained a Buy rating on GMS Inc (GMS), with a price target of $25. The company’s shares closed yesterday at $17.23, close to its 52-week low of $14.89.

According to TipRanks.com, Bouley ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -11.3% and a 37.9% success rate. Bouley covers the Industrial Goods sector, focusing on stocks such as Builders Firstsource, BMC Stock Holdings, and JELD-WEN Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GMS Inc with a $30 average price target.

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GMS Inc’s market cap is currently $727.8M and has a P/E ratio of 12.80. The company has a Price to Book ratio of 1.18.

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GMS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

GMS, Inc. is a holding company, which engages in the distribution of wallboard and suspended ceilings systems and complementary interior construction products. The firm operates through the following segments: Geographic Divisions, Other, and Corporate.