Beacon Roofing Supply (NASDAQ:BECN) Rating Lowered to Sell at BidaskClub

Beacon Roofing Supply (BECN) reports lower-than-expected fiscal Q3 earnings and net sales, thanks to weather-related woes. Aug. 7, 2019 at 11:17 a.m. ET on

BidaskClub upgraded shares of Beacon Roofing Supply (NASDAQ:BECN) from a hold rating to a buy rating in a report published on Wednesday, BidAskClub reports. BECN has been the subject of a number.

View detailed financial information, real-time news, videos, quotes and analysis on Beacon Roofing Supply Inc. (NASDAQ:BECN). Explore commentary on Beacon Roofing Supply Inc. and hear what the.

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– Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) have received an average rating of "Hold" from the twenty analysts that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating.

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Beacon Roofing Supply (NASDAQ:BECN) announces its Q2 2019 results will be impacted. For FY ending September 30, 2019 the company anticipates Adjusted EPS to be within the lower-end of previously.

Zacks Investment Research upgraded Beacon Roofing Supply from a hold rating to a buy rating and set a $41.00 target price on the stock in a report on Monday, February 4th. Wedbush boosted their target price on Beacon Roofing Supply from $30.00 to $33.00 and gave the stock a neutral rating in a report on Friday, February 8th.

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Beacon Roofing Supply, Inc. (NASDAQ:BECN) has earned a consensus recommendation of "Hold" from the seventeen brokerages that are currently covering the stock, reports. One analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation and four have given a buy recommendation to the company.

Higher prices were partly due to some short-covering after the expected sell-off on today’s partial US government. Meanwhile, Venezuela 2022s continue to drift lower to end the day at 99.45-99.95.