Beacon Roofing Supply, Inc. (NASDAQ:BECN) Given Consensus Recommendation of “Hold” by Brokerages

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Beacon Roofing Supply (NASDAQ: BECN ) last released its earnings results on Wednesday Traders are a little more bearish on shares of Beacon Roofing Supply, Inc . of late if you evaluate the One investment analyst has rated the stock with a sell rating, four have given a hold rating and.

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Beacon Roofing Supply, Inc. (NASDAQ:BECN) – Research analysts at Northcoast Research decreased their Q2 2019 EPS estimates for shares of Beacon Roofing Supply in a research note issued on Tuesday, March 26th. Northcoast Research analyst K. Hocevar now anticipates that the company will post earnings per share of ($0.50) for the quarter, down from their [.]

Beacon Roofing Supply Inc. (NASDAQ: BECN) was Equinix Inc. (NASDAQ: EQIX) was started with a Neutral rating and assigned a $480 price target (versus a $461.58 close) at UBS. Generac Holdings Inc. (NYSE: GNRC) was maintained as Hold but the price target was raised to $48 from SBA Communications Corp. (NASDAQ: SBAC) was started with a Buy rating and given a $175 price.

Virginia Retirement Systems ET AL boosted its holdings in shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 47.4% during the 1st quarter, reports. The firm owned 30,800 shares of the company’s stock after buying an additional 9,900 shares during the period.

Beacon Roofing Supply, Inc. (NASDAQ:BECN) has been assigned a consensus rating of "Hold" from the nineteen ratings firms that are currently covering the company, reports. Two analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and six have issued a buy recommendation on the company.

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