Analyst Price Target is $46.09
▲ +17.34% 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 17.34% upside from the last price of $39.28.
Current Consensus is
Moderate Buy
The current consensus among 12 contributing investment analysts is to moderate buy stock in Summit Materials. This Moderate Buy consensus rating has held steady for over two years.
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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