Beacon Roofing Supply (NASDAQ:BECN) Downgraded to “Sell” at BidaskClub

Price to book value is a financial ratio used to compare a company’s book value to its current market price. Book value is an accounting term denoting the portion of the company held by the.

On September 18 [th] , 2017, Beacon Roofing Supply announced that it is offering to sell, subject to market and other conditions, $300.0 million in shares of its common stock in an underwritten public.

Beacon Roofing Supply (NASDAQ:BECN) was downgraded by investment analysts at BidaskClub from a "hold" rating to a "sell" rating in a research note issued on Thursday. A number of other equities analysts have also weighed in on the stock. SunTrust Banks restated a "buy" rating and set a $44.00 price target on shares of Beacon [.]

Beacon Roofing Supply, Inc. BECN, +0.89% (“Beacon” or the “Company”) announced today that ThomasD.Schmitz was appointed its Vice President and Chief Accounting Officer, effective April 15, 2019.

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The Investor Relations website contains information about Beacon Roofing Supply’s business for Beacon is the largest publicly traded distributor of residential and commercial roofing materials and Within our complementary products offering, we sell a broad range of exterior and interior building.

Beacon Roofing Gets Blown Away by Earnings and Analysts. Posted: August 8, 2018 at 10:45 am. Beacon Roofing Supply Inc. (NASDAQ: BECN) is considered to be one of the losers of earnings Stocks were indicated to open higher on Friday after a light sell-off on Thursday. It is important to.

Beacon Roofing Supply, Inc. (NASDAQ: BECN) saw its stock sell off more than 10 percent in reaction to a notable earnings miss in its fiscal second quarter JPMorgan’s Michael Rehaut downgraded Beacon Roofing Supply from Overweight to Neutral with a price target lowered from $63 to $53.

In a report published Monday, Longbow Research analyst Neil Frohnapple upgraded the rating on Beacon Roofing Supply (NASDAQ: BECN) from Neutral to Buy, and named a $42.00 price target. In the report,

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Beacon Roofing Supply, Inc. Price and Consensus | Beacon Roofing Supply, Inc. Quote. So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don’t have a long time horizon to wait. If you are still interested in the Building Products – Retail industry, you may instead.

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