Continental Building Products (CBPX) Gets a Buy Rating from RBC Capital


RBC Capital analyst Michael Dahl reiterated a Buy rating on Continental Building Products (CBPX) on November 9 and set a price target of $36. The company’s shares closed yesterday at $29.28.

According to TipRanks.com, Dahl is ranked 0 out of 5 stars with an average return of -4.4% and a 49.6% success rate. Dahl covers the Consumer Goods sector, focusing on stocks such as Skyline Champion Corporation, Mohawk Industries, and Whirlpool Corp.

Continental Building Products has an analyst consensus of Moderate Buy, with a price target consensus of $34.

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Based on Continental Building Products’ latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $18.56 million. In comparison, last year the company had a net profit of $10.99 million.

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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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