▼ -25.25% Downside Potential
This price target is based on 15 analysts offering 12 month price targets for Summit Materials in the last 3 months. The average price target is $20.71, with a high forecast of $27.00 and a low forecast of $14.00. The average price target represents a -25.25% upside from the last price of $27.71.
The current consensus among 15 contributing investment analysts is to buy stock in Summit Materials. This Buy consensus rating has held steady for over two years.
Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, residential and nonresidential, and other markets. It operates through three segments: West, East, and Cement. The company's products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides paving and related services primarily comprising asphalt paving services to the private and public infrastructure sectors. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminal. It has operations in the United States; and British Columbia, Canada. The company was founded in 2009 and is headquartered in Denver, Colorado.