Home » USA Broker Ratings » Summit Materials – Consensus Indicates Potential 16.3% Upside

Summit Materials – Consensus Indicates Potential 16.3% Upside

Summit Materials with ticker code (SUM) have now 16 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 22 and 13.5 with a mean TP of 18.79. With the stocks previous close at 16.16 this indicates there is a potential upside of 16.3%. The 50 day moving average now sits at 16.06 and the 200 day MA is 17.42. The company has a market cap of $1,863m. Visit the company website at: http://summit-materials.com

Summit Materials, through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, residential and nonresidential, and other markets. It operates through three segments: West, East, and Cement. The company’s products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides paving and related services primarily comprising asphalt paving services to the private and public infrastructure sectors. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminal. It has operations in the United States; and British Columbia, Canada. The company was founded in 2009 and is headquartered in Denver, Colorado.

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