Summit Materials (SUM)
(Delayed Data from NYSE)
$39.36 USD
-0.92 (-2.28%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $39.36 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
B Value C Growth F Momentum C VGM
Summit Materials (SUM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$48.15 | $58.00 | $41.00 | 19.54% |
Price Target
Based on short-term price targets offered by 13 analysts, the average price target for Summit Materials comes to $48.15. The forecasts range from a low of $41.00 to a high of $58.00. The average price target represents an increase of 19.54% from the last closing price of $40.28.
Analyst Price Targets (13)
Broker Rating
Summit Materials currently has an average brokerage recommendation (ABR) of 1.65 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms. The current ABR compares to an ABR of 1.62 a month ago based on 13 recommendations.
Of the 13 recommendations deriving the current ABR, eight are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 61.54% and 7.69% of all recommendations. A month ago, Strong Buy represented 69.23%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 8 | 9 | 9 | 9 |
Buy | 1 | 1 | 0 | 0 | 0 |
Hold | 4 | 4 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.65 | 1.65 | 1.62 | 1.62 | 1.62 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/18/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/6/2024 | Seaport Research Partners | Rohit Seth | Strong Buy | Strong Buy |
8/6/2024 | D.A. Davidson | Brent E Thielman | Hold | Hold |
8/6/2024 | Truist Securities | Keith B Hughes | Strong Buy | Strong Buy |
8/6/2024 | Stephens | Trey Grooms | Strong Buy | Strong Buy |
8/6/2024 | Not Identified | Not Identified | Hold | Hold |
7/17/2024 | Not Identified | Not Identified | Hold | Hold |
7/11/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/7/2024 | Loop Capital Markets | Garik S Shmois | Strong Buy | Strong Buy |
4/18/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
3/14/2024 | Goldman Sachs | Jerry D Revich | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.65 |
ABR (Last week) | 1.65 |
# of Recs in ABR | 13 |
Average Target Price | $47.92 |
LT Growth Rate | NA |
Industry | Building Products - Concrete and Aggregates |
Industry Rank by ABR | 225 of 253 |
Current Quarter EPS Est: | 0.76 |
SUM FAQs
Summit Materials, Inc. (SUM) currently has an average brokerage recommendation (ABR) of 1.65 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms.
The average price target for Summit Materials, Inc. (SUM) is $47.92. The current on short-term price targets is based on 5 reports.
The forecasts for Summit Materials, Inc. (SUM) range from a low of $41 to a high of $58. The average price target represents a increase of $21.75 from the last closing price of $39.36.
The current UPSIDE for Summit Materials, Inc. (SUM) is 21.75%
Based on short-term price targets offered by 13 analysts, the average price target for Summit Materials comes to $48.15. The forecasts range from a low of $41.00 to a high of $58.00. The average price target represents an increase of 19.54% from the last closing price of $40.28.