B.Riley FBR analyst Alex Rygiel reiterated a Buy rating on Bluelinx Holdings (BXC) today and set a price target of $13.00. The company’s shares closed last Monday at $5.53, close to its 52-week low of $5.26.
According to TipRanks.com, Rygiel is a 2-star analyst with an average return of 0.1% and a 47.8% success rate. Rygiel covers the Basic Materials sector, focusing on stocks such as Granite Construction, Quanta Services, and Tutor Perini.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bluelinx Holdings with a $13.00 average price target.
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The company has a one-year high of $35.40 and a one-year low of $5.26. Currently, Bluelinx Holdings has an average volume of 178K.
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BlueLinx Holdings, Inc. engages in the distribution of building and industrial products. Its products include two principal categories: structural and specialty.
