Summit Materials - SUM Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $46.09
  • Forecasted Upside: 12.33%
  • Number of Analysts: 12
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$41.03
▼ -0.57 (-1.37%)

This chart shows the closing price for SUM by one month, three months, or twelve months.

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Analyst Price Target for SUM

Analyst Price Target is $46.09
▲ +12.33% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Summit Materials in the last 3 months. The average price target is $46.09, with a high forecast of $53.00 and a low forecast of $38.00. The average price target represents a 12.33% upside from the last price of $41.03.

This chart shows the closing price for SUM for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 12 investment analysts is to moderate buy stock in Summit Materials. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/22/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/20/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 0 sell ratings
4/20/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 0 sell ratings
7/19/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/17/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/15/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 0 sell ratings
3/15/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 0 sell ratings
4/14/2024

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/5/2024CitigroupBoost TargetBuy ➝ Buy$46.00 ➝ $51.00Low
4/2/2024Truist FinancialBoost TargetBuy ➝ Buy$50.00 ➝ $53.00Low
3/15/2024Truist FinancialBoost TargetBuy ➝ Buy$46.00 ➝ $50.00Low
3/14/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$43.00 ➝ $49.00Low
3/14/2024BarclaysBoost TargetEqual Weight ➝ Equal Weight$40.00 ➝ $45.00Low
3/14/2024Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$39.00 ➝ $44.00Low
2/23/2024JPMorgan Chase & Co.Initiated CoverageUnderweight ➝ Overweight$40.00 ➝ $47.00Low
2/16/2024Truist FinancialBoost TargetBuy ➝ Buy$43.00 ➝ $46.00Low
2/13/2024Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$38.00Low
2/13/2024StephensReiterated RatingOverweight ➝ Overweight$45.00Low
1/12/2024StephensReiterated RatingOverweight ➝ Overweight$45.00Low
1/12/2024Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$43.00 ➝ $38.00Low
10/24/2023Seaport Res PtnUpgradeNeutral ➝ BuyLow
9/12/2023Truist FinancialLower TargetBuy ➝ Buy$48.00 ➝ $43.00Low
9/8/2023Wolfe ResearchDowngradeOutperform ➝ Peer PerformLow
9/5/2023Truist FinancialReiterated RatingBuy ➝ Buy$48.00Low
8/24/2023JPMorgan Chase & Co.Boost TargetUnderweight ➝ Underweight$37.00 ➝ $40.00Low
8/7/2023Truist FinancialBoost TargetBuy ➝ Buy$40.00 ➝ $48.00Low
8/4/2023Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$36.00 ➝ $43.00Low
8/4/2023Loop CapitalBoost TargetBuy ➝ Buy$38.00 ➝ $44.00Low
8/4/2023StephensBoost TargetOverweight ➝ Overweight$36.00 ➝ $48.00Low
7/24/2023BNP ParibasDowngradeOutperform ➝ Neutral$38.00Low
7/14/2023Stifel NicolausBoost Target$42.00 ➝ $45.00Low
7/14/2023CitigroupBoost TargetBuy$35.00 ➝ $43.00Low
7/13/2023Jefferies Financial GroupBoost TargetBuy$37.00 ➝ $46.00Low
7/6/2023JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$32.00 ➝ $37.00Low
5/5/2023BarclaysBoost Target$28.00 ➝ $31.00Low
3/10/2023JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralLow
2/16/2023StephensReiterated RatingOverweight$37.00Low
2/10/2023Seaport Res PtnReiterated RatingNeutralLow
1/23/2023The Goldman Sachs GroupBoost TargetNeutral$25.00 ➝ $28.00Low
1/20/2023Morgan StanleyBoost TargetEqual Weight$30.00 ➝ $32.00Low
1/13/2023Truist FinancialInitiated CoverageBuy$40.00Low
1/10/2023CitigroupBoost Target$32.45 ➝ $36.00Low
12/19/2022Stifel NicolausLower TargetBuy$48.00 ➝ $45.00Low
12/14/2022Morgan StanleyBoost TargetEqual Weight$28.00 ➝ $30.00Low
12/8/2022JPMorgan Chase & Co.Lower Target$37.00 ➝ $34.00Low
11/8/2022CitigroupBoost TargetBuy$29.00 ➝ $33.00Low
10/14/2022The Goldman Sachs GroupLower TargetNeutral$28.50 ➝ $24.50Low
10/13/2022Morgan StanleyLower TargetEqual Weight$29.00 ➝ $28.00Low
10/12/2022DA DavidsonLower Target$33.00 ➝ $31.00Low
10/10/2022CitigroupLower TargetBuy$35.00 ➝ $29.00Low
10/3/2022Jefferies Financial GroupLower TargetBuy$38.00 ➝ $36.00Low
9/22/2022JPMorgan Chase & Co.Boost TargetOverweight$30.00 ➝ $37.00Low
8/15/2022CitigroupBoost Target$35.00Low
8/9/2022DA DavidsonBoost Target$33.00Low
8/9/2022CitigroupBoost Target$35.00Low
8/8/2022Morgan StanleyBoost TargetEqual Weight$27.00 ➝ $29.00Low
7/18/2022Morgan StanleyLower TargetEqual Weight$35.00 ➝ $27.00Low
7/14/2022Wolfe ResearchLower TargetOutperform$41.00 ➝ $28.00Low
7/1/2022DA DavidsonLower TargetNeutral$33.00 ➝ $26.00Low
6/23/2022The Goldman Sachs GroupLower TargetNeutral$34.00 ➝ $30.00Low
6/22/2022Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$33.00 ➝ $31.00Low
4/18/2022Morgan StanleyLower TargetEqual Weight$42.00 ➝ $41.00Low
2/25/2022Morgan StanleyLower TargetEqual Weight$45.00 ➝ $42.00High
1/13/2022BarclaysBoost TargetEqual Weight$35.00 ➝ $40.00Low
12/9/2021Morgan StanleyBoost TargetEqual Weight$36.00 ➝ $45.00Low
11/5/2021Royal Bank of CanadaBoost TargetSector Perform$37.00 ➝ $40.00High
10/27/2021Wolfe ResearchInitiated CoverageOutperform$45.00Medium
10/26/2021CitigroupBoost TargetBuy$40.00 ➝ $41.00Medium
10/18/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$37.00High
10/13/2021Morgan StanleyBoost TargetEqual Weight$35.00 ➝ $36.00Medium
8/9/2021DA DavidsonBoost TargetNeutral$30.00 ➝ $35.00Medium
8/9/2021Morgan StanleyLower TargetEqual Weight$36.00 ➝ $35.00Medium
8/6/2021Royal Bank of CanadaBoost TargetOutperform$36.00 ➝ $37.00Medium
7/13/2021Morgan StanleyBoost TargetEqual Weight$33.00 ➝ $36.00Medium
6/3/2021Loop CapitalBoost TargetBuy$37.00 ➝ $42.00Low
5/31/2021The Goldman Sachs GroupUpgradeSell ➝ Neutral$28.00 ➝ $35.00Low
5/26/2021JPMorgan Chase & Co.Boost TargetOverweight$27.00 ➝ $38.00High
5/13/2021StephensBoost TargetOverweight$35.00 ➝ $37.00Low
5/12/2021Morgan StanleyBoost TargetEqual Weight$31.00 ➝ $33.00Low
5/12/2021BarclaysBoost TargetEqual Weight$22.00 ➝ $35.00Low
4/12/2021Morgan StanleyBoost TargetEqual Weight$29.00 ➝ $31.00Low
3/1/2021Morgan StanleyBoost TargetEqual Weight$25.00 ➝ $29.00Low
2/23/2021Morgan StanleyBoost TargetEqual Weight$24.00 ➝ $25.00High
1/22/2021JPMorgan Chase & Co.Boost TargetOverweight$24.00 ➝ $27.00Medium
1/22/2021Morgan StanleyBoost TargetEqual Weight$22.00 ➝ $24.00High
1/6/2021StephensUpgradeEqual Weight ➝ Overweight$25.00N/A
12/18/2020Morgan StanleyInitiated CoverageEqual Weight$22.00Medium
12/8/2020UBS GroupInitiated CoverageSell$16.00Low
8/6/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$19.00 ➝ $20.00Medium
7/23/2020Loop CapitalUpgradeHold ➝ Buy$23.00High
7/22/2020CfraUpgradeBuy ➝ Strong-BuyLow
7/22/2020CitigroupBoost TargetBuy$19.00 ➝ $22.00High
7/9/2020SunTrust BanksUpgradeHold ➝ BuyHigh
5/5/2020SunTrust BanksLower TargetHold$18.00 ➝ $14.00Low
5/1/2020CitigroupBoost TargetBuy$17.00 ➝ $19.00High
4/30/2020CfraLower TargetBuy$30.00 ➝ $22.00Medium
4/30/2020Stifel NicolausBoost TargetBuy$19.00 ➝ $22.00Medium
4/30/2020StephensDowngradeOverweight ➝ Equal Weight$18.00 ➝ $17.00High
4/28/2020Longbow ResearchLower TargetOutperform ➝ Buy$29.00 ➝ $20.00High
4/23/2020JPMorgan Chase & Co.Lower TargetNeutral$25.00 ➝ $12.50Medium
4/22/2020DA DavidsonDowngradeBuy ➝ NeutralHigh
4/17/2020Loop CapitalDowngradeBuy ➝ Hold$15.00High
4/8/2020Royal Bank of CanadaReiterated RatingBuy$16.00High
3/25/2020Berenberg BankUpgradeHold ➝ Buy$20.00High
3/25/2020Deutsche Bank AktiengesellschaftLower TargetBuy$34.00 ➝ $22.00High
3/19/2020The Goldman Sachs GroupLower TargetSell$22.00 ➝ $16.00High
3/18/2020Royal Bank of CanadaReiterated RatingBuy$20.00High
3/9/2020SunTrust BanksDowngradeHold$18.00Medium
2/10/2020StephensBoost TargetOverweight$29.00 ➝ $30.00Medium
1/13/2020The Goldman Sachs GroupDowngradeNeutral ➝ Sell$24.00 ➝ $22.00High
12/19/2019Loop CapitalInitiated CoverageBuy$29.00Low
12/18/2019Royal Bank of CanadaReiterated RatingBuy$28.00High
12/17/2019CitigroupInitiated CoverageBuy$30.00High
12/6/2019The Goldman Sachs GroupDowngradeBuy ➝ Neutral$24.00High
11/27/2019Deutsche Bank AktiengesellschaftInitiated CoverageBuy$32.00Low
11/20/2019Deutsche Bank AktiengesellschaftInitiated CoverageBuy$32.00Low
10/31/2019DA DavidsonBoost TargetBuy$28.00High
10/30/2019CfraUpgradeHold ➝ BuyHigh
10/15/2019BarclaysSet TargetHold$22.00N/A
10/9/2019Exane BNP ParibasInitiated CoverageOutperformHigh
10/9/2019BNP ParibasInitiated CoverageOutperformHigh
10/8/2019Stifel NicolausSet TargetBuy$28.00Low
9/5/2019JPMorgan Chase & Co.Boost TargetNeutral$19.00 ➝ $22.00Low
6/14/2019BarclaysSet TargetHold$18.00Low
(Data available from 4/14/2019 forward)

News Sentiment Rating

0.58 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 21 very positive mentions
  • 11 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
9/17/2023
  • 3 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/17/2023
  • 7 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/16/2023
  • 3 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/16/2023
  • 5 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
1/15/2024
  • 16 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/14/2024
  • 26 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
3/15/2024
  • 11 very positive mentions
  • 15 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
4/14/2024

Current Sentiment

  • 11 very positive mentions
  • 15 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Summit Materials logo
Summit Materials, Inc. operates as a vertically integrated construction materials company in the United States and Canada. It operates in three segments: West, East, and Cement. The company offers aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides asphalt paving and related services. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminals. The company serves the public infrastructure, and residential and nonresidential end markets. Summit Materials, Inc. was founded in 2009 and is headquartered in Denver, Colorado.
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Today's Range

Now: $41.03
Low: $40.93
High: $41.61

50 Day Range

MA: $41.61
Low: $36.31
High: $44.58

52 Week Range

Now: $41.03
Low: $26.18
High: $44.89

Volume

623,279 shs

Average Volume

819,099 shs

Market Capitalization

$7.15 billion

P/E Ratio

17.24

Dividend Yield

N/A

Beta

1.32

Frequently Asked Questions

What sell-side analysts currently cover shares of Summit Materials?

The following Wall Street sell-side analysts have issued reports on Summit Materials in the last year: Barclays PLC, BNP Paribas, Citigroup Inc., Jefferies Financial Group Inc., JPMorgan Chase & Co., Loop Capital, Royal Bank of Canada, Seaport Res Ptn, Stephens, Stifel Nicolaus, StockNews.com, The Goldman Sachs Group, Inc., Truist Financial Co., and Wolfe Research.
View the latest analyst ratings for SUM.

What is the current price target for Summit Materials?

11 Wall Street analysts have set twelve-month price targets for Summit Materials in the last year. Their average twelve-month price target is $46.09, suggesting a possible upside of 12.3%. Truist Financial Co. has the highest price target set, predicting SUM will reach $53.00 in the next twelve months. BNP Paribas has the lowest price target set, forecasting a price of $38.00 for Summit Materials in the next year.
View the latest price targets for SUM.

What is the current consensus analyst rating for Summit Materials?

Summit Materials currently has 5 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for SUM.

What other companies compete with Summit Materials?

Other companies that are similar to Summit Materials include Knife River, UFP Industries, AZEK, MasTec and AAON. Learn More about companies similar to Summit Materials.

How do I contact Summit Materials' investor relations team?

Summit Materials' physical mailing address is 1550 Wynkoop Street 3rd Floor, Denver CO, 80202. The construction company's listed phone number is (303) 893-0012 and its investor relations email address is [email protected]. The official website for Summit Materials is www.summit-materials.com. Learn More about contacing Summit Materials investor relations.