Summit Materials - SUM Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $32.88
  • Forecasted Upside: 37.21 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$23.96
▼ -0.31 (-1.28%)

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 $32.88
▲ +37.21% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Summit Materials in the last 3 months. The average price target is $32.88, with a high forecast of $40.00 and a low forecast of $28.00. The average price target represents a 37.21% upside from the last price of $23.96.

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 Buy

The current consensus among 8 investment analysts is to buy stock in Summit Materials. This rating changed within the last month from a Hold 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
  • 7 buy ratings
  • 2 hold ratings
  • 1 sell ratings
4/9/2021
  • 1 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings
7/8/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 1 sell ratings
10/6/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
1/4/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
4/4/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
7/3/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/1/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/1/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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
4/3/2019Berenberg BankInitiated CoverageHold$18.00Medium
3/21/2019JPMorgan Chase & Co.Initiated CoverageNeutral ➝ Neutral$19.00Medium
2/14/2019ScotiabankReiterated RatingHoldLow
1/4/2019CitigroupLower TargetBuy ➝ Buy$21.00 ➝ $18.00High
1/2/2019DA DavidsonLower TargetBuy$20.00Low
12/19/2018Stifel NicolausReiterated RatingBuy$23.00Low
11/8/2018CitigroupSet 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 TargetBuy$18.00High
10/17/2018StephensSet TargetBuy$21.00Low
10/11/2018DA DavidsonSet TargetPositive ➝ Buy$28.00High
8/3/2018Stifel NicolausLower TargetBuy ➝ Buy$38.00 ➝ $34.00Low
8/2/2018StephensSet TargetBuy$24.00Low
8/2/2018BarclaysLower TargetEqual Weight ➝ Equal Weight$30.00 ➝ $24.00Low
8/2/2018Royal Bank of CanadaLower TargetOutperform$27.00Low
7/23/2018CitigroupLower TargetBuy ➝ $25.50$38.00 ➝ $37.00Low
7/1/2018Royal Bank of CanadaReiterated RatingBuy$35.00Low
5/30/2018SunTrust BanksLower 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 TargetBuy$37.00Low
2/15/2018Deutsche Bank AktiengesellschaftBoost TargetBuy ➝ Buy$35.00 ➝ $38.00Medium
1/25/2018CitigroupBoost TargetBuy ➝ Buy$37.00 ➝ $39.00Medium
12/12/2017BarclaysInitiated CoverageEqual Weight$32.00Low
11/2/2017Royal Bank of CanadaReiterated RatingBuyN/A
10/31/2017Bank of AmericaBoost TargetNeutral$33.00 ➝ $34.00N/A
10/24/2017SunTrust BanksSet TargetBuy$38.00N/A
(Data available from 10/1/2017 forward)

News Sentiment Rating

0.23 (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
  • 1 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/5/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
4/4/2022
  • 1 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
5/4/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
6/3/2022
  • 0 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
7/3/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/2/2022
  • 0 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/1/2022
  • 1 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/1/2022

Current Sentiment

  • 1 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
Summit Materials logo
Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential end 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 asphalt paving and related services to the private and public infrastructure sectors. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminals. It has operations in the United States; and in British Columbia, Canada. The company was founded in 2009 and is headquartered in Denver, Colorado.
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Today's Range

Now: $23.96
Low: $23.94
High: $24.88

50 Day Range

MA: $28.31
Low: $23.96
High: $31.94

52 Week Range

Now: $23.96
Low: $21.99
High: $41.46

Volume

763,710 shs

Average Volume

717,646 shs

Market Capitalization

$2.83 billion

P/E Ratio

10.42

Dividend Yield

N/A

Beta

1.33

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, Citigroup Inc., DA Davidson, JPMorgan Chase & Co., Morgan Stanley, Royal Bank of Canada, StockNews.com, The Goldman Sachs Group, Inc., TheStreet, and Wolfe Research.
View the latest analyst ratings for SUM.

What is the current price target for Summit Materials?

8 Wall Street analysts have set twelve-month price targets for Summit Materials in the last year. Their average twelve-month price target is $32.88, suggesting a possible upside of 37.2%. Barclays PLC has the highest price target set, predicting SUM will reach $40.00 in the next twelve months. Wolfe Research has the lowest price target set, forecasting a price of $28.00 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 4 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SUM will outperform the market and that investors should add to their positions of Summit Materials.
View the latest ratings for SUM.

What other companies compete with 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.