B.Riley FBR analyst Alex Rygiel reiterated a Buy rating on Concrete Pumping Holdings (BBCP) today and set a price target of $7.00. The company’s shares closed last Monday at $4.23, close to its 52-week low of $3.16.
According to TipRanks.com, Rygiel is a 5-star analyst with an average return of 7.5% and a 58.4% success rate. Rygiel covers the Basic Materials sector, focusing on stocks such as Granite Construction, Quanta Services, and Tutor Perini.
Currently, the analyst consensus on Concrete Pumping Holdings is a Moderate Buy with an average price target of $7.00.
See today’s analyst top recommended stocks >>
Based on Concrete Pumping Holdings’ latest earnings release for the quarter ending July 31, the company reported a quarterly net profit of $2.76 million. In comparison, last year the company had a net profit of $1.39 million.
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.
Concrete Pumping Holdings, Inc. engages in the provision of concrete pumping services and concrete waste management services. Its brands include US Concrete Pumping-Brundage-Bone, UK Concrete Pumping-Camfaud, and Concrete Waste Management Services-Eco-Pan. The company is headquartered in Denver, CO.
