Bluelinx Holdings Inc. – Consensus Indicates Potential 55.0% Upside

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Bluelinx Holdings Inc. with ticker code (BXC) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 127 and 100 calculating the average target price we see 108.4. Now with the previous closing price of 69.92 this is indicating there is a potential upside of 55.0%. The day 50 moving average is 74.52 and the 200 moving average now moves to 77.96. The market capitalisation for the company is $660m. Company Website: https://www.bluelinxco.com

The potential market cap would be $1,024m based on the market concensus.

BlueLinx Holdings Inc., together with its subsidiaries, distributes residential and commercial building products in the United States. The company distributes specialty products comprising engineered wood, industrial products, cedar, moulding, siding, metal, and insulation products; and structural products include lumber, plywood, oriented strand boards, rebars and remesh, spruce, and other wood products primarily that are used for structural support in construction projects. It also provides various value-added services and solutions to customers and suppliers. The company serves dealers, specialty distributors, national home centers, and manufactured housing customers through a network of distribution centers. BlueLinx Holdings Inc. was incorporated in 2004 and is headquartered in Marietta, Georgia.

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