Stephens Keeps a Hold Rating on Continental Building Products (CBPX)


In a report issued on January 23, Trey Grooms from Stephens reiterated a Hold rating on Continental Building Products (CBPX), with a price target of $28. The company’s shares closed on Friday at $24.95, close to its 52-week low of $24.11.

According to TipRanks.com, Grooms ‘ ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -8.6% and a 35.6% success rate. Grooms covers the Industrial Goods sector, focusing on stocks such as Installed Building Products, Construction Partners Inc, and Masonite International.

Currently, the analyst consensus on Continental Building Products is a Moderate Buy with an average price target of $32.86, a 31.7% upside from current levels. In a report issued on January 23, Raymond James also downgraded the stock to Hold.

See today’s analyst top recommended stocks >>

The company has a one-year high of $39.60 and a one-year low of $24.11. Currently, Continental Building Products has an average volume of 396K.

Based on the recent corporate insider activity of 41 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 CBPX 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.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts