Stephens Reaffirms Their Buy Rating on Builders Firstsource (BLDR)


Stephens analyst Trey Grooms reiterated a Buy rating on Builders Firstsource (NASDAQ: BLDR) yesterday and set a price target of $21. The company’s shares closed yesterday at $17.75.

According to TipRanks.com, Grooms is a 2-star analyst with an average return of 0.4% and a 46.6% success rate. Grooms covers the Industrial Goods sector, focusing on stocks such as BMC Stock Holdings, TopBuild Corp, and NCI Building.

Builders Firstsource has an analyst consensus of Strong Buy, with a price target consensus of $23.40.

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The company has a one-year high of $23.28 and a one-year low of $14.39. Currently, Builders Firstsource has an average volume of 1.05M.

Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock.

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Builers FirstSource, Inc. engages in the supply and manufacture of building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers. It operates through the following segments: Northeast, Southeast, South, and West.

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