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NYSE:SUM - Summit Materials Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $34.56
  • Forecasted Upside: 3.37 %
  • Number of Analysts: 9
  • Breakdown:
  • 1 Sell Ratings
  • 4 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$33.43
▲ +0.02 (0.06%)

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

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1 month | 3 months | 12 months
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Analyst Price Target for SUM

Analyst Price Target is $34.56
▲ +3.37% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Summit Materials in the last 3 months. The average price target is $34.56, with a high forecast of $42.00 and a low forecast of $16.00. The average price target represents a 3.37% upside from the last price of $33.43.

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 Hold

The current consensus among 9 polled investment analysts is to hold stock in Summit Materials. This rating has held steady since July 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 11 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/25/2020
  • 1 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/24/2020
  • 1 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/22/2020
  • 1 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 1 sell ratings
1/20/2021
  • 1 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 1 sell ratings
4/20/2021
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
7/19/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 1 sell ratings
9/17/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 1 sell ratings
10/17/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/13/2021Morgan StanleyBoost Price TargetEqual Weight$35.00 ➝ $36.00Medium
8/9/2021DA DavidsonBoost Price TargetNeutral$30.00 ➝ $35.00Medium
8/9/2021Morgan StanleyLower Price TargetEqual Weight$36.00 ➝ $35.00Medium
8/6/2021Royal Bank of CanadaBoost Price TargetOutperform$36.00 ➝ $37.00Medium
7/13/2021Morgan StanleyBoost Price TargetEqual Weight$33.00 ➝ $36.00Medium
6/3/2021Loop CapitalBoost Price TargetBuy$37.00 ➝ $42.00Low
5/31/2021The Goldman Sachs GroupUpgradeSell ➝ Neutral$28.00 ➝ $35.00Low
5/26/2021JPMorgan Chase & Co.Boost Price TargetOverweight$27.00 ➝ $38.00High
5/13/2021StephensBoost Price TargetOverweight$35.00 ➝ $37.00Low
5/12/2021Morgan StanleyBoost Price TargetEqual Weight$31.00 ➝ $33.00Low
5/12/2021BarclaysBoost Price TargetEqual Weight$22.00 ➝ $35.00Low
4/12/2021Morgan StanleyBoost Price TargetEqual Weight$29.00 ➝ $31.00Low
3/1/2021Morgan StanleyBoost Price TargetEqual Weight$25.00 ➝ $29.00Low
2/23/2021Morgan StanleyBoost Price TargetEqual Weight$24.00 ➝ $25.00High
1/22/2021JPMorgan Chase & Co.Boost Price TargetOverweight$24.00 ➝ $27.00Medium
1/22/2021Morgan StanleyBoost Price 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 Price TargetBuy$19.00 ➝ $22.00High
7/9/2020SunTrust BanksUpgradeHold ➝ BuyHigh
5/5/2020SunTrust BanksLower Price TargetHold$18.00 ➝ $14.00Low
5/1/2020CitigroupBoost Price TargetBuy$17.00 ➝ $19.00High
4/30/2020CfraLower Price TargetBuy$30.00 ➝ $22.00Medium
4/30/2020Stifel NicolausBoost Price TargetBuy$19.00 ➝ $22.00Medium
4/30/2020StephensDowngradeOverweight ➝ Equal Weight$18.00 ➝ $17.00High
4/28/2020Longbow ResearchLower Price TargetOutperform ➝ Buy$29.00 ➝ $20.00High
4/23/2020JPMorgan Chase & Co.Lower Price 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 Price TargetBuy$34.00 ➝ $22.00High
3/19/2020The Goldman Sachs GroupLower Price TargetSell$22.00 ➝ $16.00High
3/18/2020Royal Bank of CanadaReiterated RatingBuy$20.00High
3/9/2020SunTrust BanksDowngradeHold$18.00Medium
2/10/2020StephensBoost Price 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 Price TargetBuy$28.00High
10/30/2019CfraUpgradeHold ➝ BuyHigh
10/15/2019BarclaysSet Price TargetHold$22.00N/A
10/9/2019Exane BNP ParibasInitiated CoverageOutperformHigh
10/9/2019BNP ParibasInitiated CoverageOutperformHigh
10/8/2019Stifel NicolausSet Price TargetBuy$28.00Low
9/5/2019JPMorgan Chase & Co.Boost Price TargetNeutral$19.00 ➝ $22.00Low
6/14/2019BarclaysSet Price TargetHold$18.00Low
4/3/2019Berenberg BankInitiated CoverageHold$18.00Medium
3/21/2019JPMorgan Chase & Co.Initiated CoverageNeutral ➝ Neutral$19.00Medium
2/14/2019ScotiabankReiterated RatingHoldLow
1/4/2019CitigroupLower Price TargetBuy ➝ Buy$21.00 ➝ $18.00High
1/2/2019DA DavidsonLower Price TargetBuy$20.00Low
12/19/2018Stifel NicolausReiterated RatingBuy$23.00Low
11/8/2018CitigroupSet Price TargetBuy$21.00Low
11/8/2018Stifel NicolausReiterated RatingBuy$25.00N/A
11/8/2018Jefferies Financial GroupReiterated RatingBuy$24.00N/A
11/7/2018Royal Bank of CanadaSet Price TargetBuy$18.00High
10/17/2018StephensSet Price TargetBuy$21.00Low
10/11/2018DA DavidsonSet Price TargetPositive ➝ Buy$28.00High
8/3/2018Stifel NicolausLower Price TargetBuy ➝ Buy$38.00 ➝ $34.00Low
8/2/2018StephensSet Price TargetBuy$24.00Low
8/2/2018BarclaysLower Price TargetEqual Weight ➝ Equal Weight$30.00 ➝ $24.00Low
8/2/2018Royal Bank of CanadaLower Price TargetOutperform$27.00Low
7/23/2018CitigroupLower Price TargetBuy ➝ $25.50$38.00 ➝ $37.00Low
7/1/2018Royal Bank of CanadaReiterated RatingBuy$35.00Low
5/30/2018SunTrust BanksLower Price TargetBuy ➝ Buy$38.00 ➝ $35.00Low
4/17/2018Jefferies Financial GroupInitiated CoverageBuy$36.00Medium
2/26/2018The Goldman Sachs GroupUpgradeNeutral ➝ BuyMedium
2/15/2018Royal Bank of CanadaSet Price TargetBuy$37.00Low
2/15/2018Deutsche Bank AktiengesellschaftBoost Price TargetBuy ➝ Buy$35.00 ➝ $38.00Medium
1/25/2018CitigroupBoost Price TargetBuy ➝ Buy$37.00 ➝ $39.00Medium
12/12/2017BarclaysInitiated CoverageEqual Weight$32.00Low
11/8/2017Canaccord GenuityReiterated RatingBuy$12.50N/A
11/2/2017Royal Bank of CanadaReiterated RatingBuyN/A
10/31/2017Bank of AmericaBoost Price TargetNeutral$33.00 ➝ $34.00N/A
10/24/2017SunTrust BanksSet Price TargetBuy$38.00N/A
8/9/2017Royal Bank of CanadaReiterated RatingOutperform$33.00 ➝ $35.00Low
8/3/2017Royal Bank of CanadaBoost Price TargetOutperform ➝ Outperform$33.00 ➝ $35.00Low
8/3/2017Stifel NicolausReiterated RatingBuy$35.00Low
6/19/2017Royal Bank of CanadaReiterated RatingBuy$33.00Low
6/8/2017Longbow ResearchInitiated CoverageBuy ➝ Buy$34.00High
3/31/2017Cleveland ResearchReiterated RatingBuyMedium
1/20/2017SunTrust BanksInitiated CoverageBuy$30.00N/A
11/17/2016DA DavidsonReiterated RatingBuy$27.00N/A
11/16/2016Royal Bank of CanadaReiterated RatingOutperform$29.00 ➝ $26.00N/A
11/16/2016Bank of AmericaDowngradeBuy ➝ NeutralN/A
11/3/2016Royal Bank of CanadaReiterated RatingOutperform$24.00 ➝ $26.00N/A
11/3/2016Royal Bank of CanadaBoost Price TargetOutperform$24.00 ➝ $26.00N/A
(Data available from 10/18/2016 forward)

News Sentiment Rating

-0.14 (Hold)

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
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/22/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/21/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/21/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/20/2021
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/20/2021
  • 1 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
8/19/2021
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
9/18/2021
  • 0 very positive mentions
  • 4 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
10/18/2021

Current Sentiment

  • 0 very positive mentions
  • 4 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Summit Materials logo
Summit Materials, Inc. is a construction materials company. It manufactures construction materials and related downstream products. The company operates its business through the following segments: Cement, West and East. The Cement consists of its Hannibal, Missouri and Davenport, Iowa cement plants and distribution terminals along the Mississippi river from Minnesota to Louisiana. The West segment includes operations in Texas, Utah, Colorado, Idaho, Wyoming and Nevada and in British Columbia, Canada. The East segments serves markets extending across the Midwestern and Eastern United States, most notably in Kansas, Missouri, Virginia, Kentucky, North Carolina, South Carolina and Nebraska where the company supplies aggregates, ready mix concrete, asphalt paving mix and paving and related services. The company was founded by Thomas W. Hill on September 23, 2014 and is headquartered in Denver, CO.
Read More

Today's Range

Now: $33.43
Low: $33.43
High: $34.18

50 Day Range

MA: $32.83
Low: $30.47
High: $36.25

52 Week Range

Now: $33.43
Low: $15.44
High: $37.13

Volume

493,400 shs

Average Volume

1,052,845 shs

Market Capitalization

$3.95 billion

P/E Ratio

24.05

Dividend Yield

N/A

Beta

1.29

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, DA Davidson, JPMorgan Chase & Co., Loop Capital, Morgan Stanley, Royal Bank of Canada, Stephens, The Goldman Sachs Group, Inc., TheStreet, UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for SUM.

What is the current price target for Summit Materials?

9 Wall Street analysts have set twelve-month price targets for Summit Materials in the last year. Their average twelve-month price target is $34.56, suggesting a possible upside of 3.4%. Loop Capital has the highest price target set, predicting SUM will reach $42.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $16.00 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 1 sell rating, 4 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SUM, but not buy more shares or sell existing shares.
View the latest ratings for SUM.

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.

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