InvestorsObserver is giving Beacon Roofing Supply Inc (BECN) an Analyst Rating Rank of 17, meaning BECN is ranked higher by analysts than 17% of stocks. The average price target for BECN is $69.4 and analyst’s rate the stock as a Buy. Wall Street analysts are rating BECN a Buy today. Find out what this means to you and get the rest of the rankings on BECN! See Full BECN Report Why are Analyst Ratings Important? Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking. What's Happening With Beacon Roofing Supply Inc Stock Today? Beacon Roofing Supply Inc (BECN) stock is trading at $55.19 as of 1:23 PM on Wednesday, Sep 21, an increase of $0.94, or 1.74% from the previous closing price of $54.24. The stock has traded between $55.03 and $55.60 so far today. Volume today is light. So far 117,489 shares have traded compared to average volume of 552,712 shares. Click Here to get the full Stock Report for Beacon Roofing Supply Inc stock.
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