Summit Materials Inc (SUM) Stock Analyst Ratings
USA - NYSE:SUM - US86614U1007 - Common Stock
52.49 USD
+0.04 (+0.08%)
52.55 USD
+0.06 (+0.11%)
ChartMill assigns a Buy % Consensus number of 71% to SUM. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 50.1. This target is -4.55% below the current price.
SUM was analyzed by 19 analysts. The buy percentage consensus is at 71. So analysts seem to be have mildly positive about SUM.
In the previous month the buy percentage consensus was at a similar level.
SUM was analyzed by 19 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-12-16 | Jefferies | Downgrade | Buy -> Hold |
| 2024-11-26 | Longbow Research | Downgrade | Buy -> Neutral |
| 2024-11-26 | Wolfe Research | Downgrade | Outperform -> Peer Perform |
| 2024-11-26 | Loop Capital | Downgrade | Buy -> Hold |
| 2024-11-26 | Truist Securities | Downgrade | Buy -> Hold |
| 2024-11-26 | Citigroup | Downgrade | Buy -> Neutral |
| 2024-11-25 | RBC Capital | Downgrade | Outperform -> Sector Perform |
| 2024-11-25 | JP Morgan | Downgrade | Overweight -> Neutral |
| 2024-11-05 | DA Davidson | Maintains | Neutral -> Neutral |
| 2024-11-01 | RBC Capital | Maintains | Outperform -> Outperform |
| 2024-11-01 | Loop Capital | Maintains | Buy -> Buy |
| 2024-11-01 | Truist Securities | Maintains | Buy -> Buy |
| 2024-10-29 | Barclays | Upgrade | Equal-Weight -> Overweight |
| 2024-10-15 | DA Davidson | Maintains | Neutral -> Neutral |
| 2024-10-09 | JP Morgan | Maintains | Overweight -> Overweight |
| 2024-10-09 | Citigroup | Maintains | Buy -> Buy |
| 2024-10-09 | Jefferies | Maintains | Buy -> Buy |
| 2024-08-26 | Morgan Stanley | Initiate | Overweight |
| 2024-08-08 | Citigroup | Maintains | Buy -> Buy |
| 2024-08-07 | RBC Capital | Reiterate | Sector Perform -> Sector Perform |
| 2024-08-07 | Truist Securities | Maintains | Buy -> Buy |
| 2024-08-06 | Stephens & Co. | Reiterate | Overweight -> Overweight |
| 2024-07-11 | Citigroup | Maintains | Buy -> Buy |
| 2024-07-03 | Stifel | Maintains | Buy -> Buy |
| 2024-05-03 | RBC Capital | Maintains | Sector Perform -> Sector Perform |
| 2024-05-03 | Stephens & Co. | Maintains | Overweight -> Overweight |
| 2024-04-05 | Citigroup | Maintains | Buy -> Buy |
| 2024-04-02 | Truist Securities | Maintains | Buy -> Buy |
| 2024-03-15 | Truist Securities | Maintains | Buy -> Buy |
| 2024-03-14 | RBC Capital | Maintains | Sector Perform -> Sector Perform |
Summit Materials Inc / SUM FAQ
What is the average price target for Summit Materials Inc (SUM) stock?
19 analysts have analysed SUM and the average price target is 50.1 USD. This implies a price decrease of -4.55% is expected in the next year compared to the current price of 52.49.
What is the consensus rating for SUM stock?
The consensus rating for Summit Materials Inc (SUM) is 70.5263 / 100 . This indicates that analysts generally have a positive outlook on the stock.