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NASDAQ: BECN
Beacon Roofing Supply Inc Stock Forecast, Predictions & Price Target

Analyst price target for BECN

Based on 5 analysts offering 12 month price targets for Beacon Roofing Supply Inc.
Min Forecast
$54.00-8.24%
Avg Forecast
$75.80+28.8%
Max Forecast
$91.00+54.63%

Should I buy or sell BECN stock?

Based on 5 analysts offering ratings for Beacon Roofing Supply Inc.
Buy
Strong Buy
2 analysts 40%
Buy
0 analysts 0%
Hold
3 analysts 60%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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BECN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Deutsche Bank
Top 22%
79
Strong BuyMaintains$85.00+44.44%2023-02-27
Baird
Top 8%
93
HoldMaintains$76.00+29.14%2023-02-27
Stephens & Co.
Top 10%
91
HoldMaintains$73.00+24.04%2023-02-27
Stifel Nicolaus
Top 17%
84
Strong BuyMaintains$91.00+54.63%2022-12-19
RBC Capital
Bottom 16%
16
HoldMaintains$54.00-8.24%2022-11-07

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BECN vs Building Product & Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
BECN$58.85$75.80+28.80%Buy
LPX$54.21$64.25+18.52%Hold
AZEK$23.54$27.77+17.97%Buy
AWI$71.24$82.71+16.11%Buy
IBP$114.03$101.33-11.13%Hold

Beacon Roofing Supply Stock Forecast FAQ

Is Beacon Roofing Supply Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: BECN) stock is to Buy BECN stock.

Out of 5 analysts, 2 (40%) are recommending BECN as a Strong Buy, 0 (0%) are recommending BECN as a Buy, 3 (60%) are recommending BECN as a Hold, 0 (0%) are recommending BECN as a Sell, and 0 (0%) are recommending BECN as a Strong Sell.

If you're new to stock investing, here's how to buy Beacon Roofing Supply stock.

What is BECN's Price Target?

According to 5 Wall Street analysts that have issued a 1 year BECN price target, the average BECN price target is $75.80, with the highest BECN stock price forecast at $91.00 and the lowest BECN stock price forecast at $54.00.

On average, Wall Street analysts predict that Beacon Roofing Supply's share price could reach $75.80 by Feb 27, 2024. The average Beacon Roofing Supply stock price prediction forecasts a potential upside of 28.8% from the current BECN share price of $58.85.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.