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Asset logo for symbol BECN
Beacon Roofing Supply
BECN66
$100.48arrow_drop_down1.14%-$1.15
Asset logo for symbol BECN
BECN66

$100.48

arrow_drop_down1.14%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Beacon Roofing Supply (BECN) Stocklytics Forecast

Beacon Roofing Supply Inc (BECN) is a leading distributor of residential and commercial roofing materials in North America. With a strong presence in over 400 locations, the company has established itself as a reliable supplier in the industry. As the housing market continues to grow, BECN is well-positioned to capitalize on the increasing demand for roofing products.
Looking at the stock price prediction for BECN, analysts forecast a positive outlook in the coming years. The company has been consistently expanding its market share and improving its financial performance. This has resulted in a favorable outlook for its stock price, with many analysts projecting an upward trend. The machine learning prediction models also support this positive sentiment, further reinforcing the potential for growth.
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Frequently Asked Questions

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What is the analyst price prediction for Beacon Roofing Supply (BECN) stock?

Analysts have set a target price of $83.21 for Beacon Roofing Supply (BECN), based on forecasts from 24 analysts. The predicted price range extends from a high of $119 to a low of $54. This represents a potential increase of up to 18.43% and a decrease of -46.26% from the current price of $100.48. These forecasts are as of 2022 Jul 15.
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What are the analyst ratings for Beacon Roofing Supply (BECN) stock?

The analyst ratings for Beacon Roofing Supply (BECN) are distributed as follows: 9 analysts recommend buying, 5 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 14 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Beacon Roofing Supply .
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What is the AI price prediction for Beacon Roofing Supply (BECN) stock?

At present, there is no AI or machine-learning-based price prediction available for Beacon Roofing Supply (BECN) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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