NYSE:SUM - Summit Materials Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $20.71
  • Forecasted Upside: -25.25 %
  • Number of Analysts: 15
  • Breakdown:
  • 2 Sell Ratings
  • 2 Hold Ratings
  • 10 Buy Ratings
  • 1 Strong Buy Ratings
$27.71
▲ +0.79 (2.93%)
1 month | 3 months | 12 months
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Analyst Price Target for SUM

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$20.71
▼ -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.
Buy
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.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/5/2019
  • 1 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/4/2019
  • 1 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/3/2020
  • 1 strong buy ratings
  • 12 buy ratings
  • 2 hold ratings
  • 1 sell ratings
6/1/2020
  • 1 strong buy ratings
  • 12 buy ratings
  • 2 hold ratings
  • 1 sell ratings
8/30/2020
  • 1 strong buy ratings
  • 10 buy ratings
  • 1 hold ratings
  • 1 sell ratings
11/28/2020
  • 1 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 2 sell ratings
1/27/2021
  • 1 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 2 sell ratings
2/26/2021

Latest Recommendations

  • 1 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 2 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/23/2021Morgan StanleyBoost Price TargetEqual Weight$24.00 ➝ $25.00High
i
1/22/2021JPMorgan Chase & Co.Boost Price TargetOverweight$24.00 ➝ $27.00Medium
i
Rating by Adrian Huerta at JPMorgan Chase & Co.
1/22/2021Morgan StanleyBoost Price TargetEqual Weight$22.00 ➝ $24.00High
i
1/6/2021StephensUpgradeEqual Weight ➝ Overweight$25.00N/A
i
12/18/2020Morgan StanleyInitiated CoverageEqual Weight$22.00Medium
i
12/8/2020UBS GroupInitiated CoverageSell$16.00Low
i
8/6/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$19.00 ➝ $20.00Medium
i
7/23/2020Loop CapitalUpgradeHold ➝ Buy$23.00High
i
Rating by Garik Shmois at Loop Capital
7/22/2020CfraUpgradeBuy ➝ Strong-BuyLow
i
7/22/2020CitigroupBoost Price TargetBuy$19.00 ➝ $22.00High
i
7/9/2020SunTrust BanksUpgradeHold ➝ BuyHigh
i
Rating by Rohit Seth at SunTrust Banks, Inc.
5/5/2020SunTrust BanksLower Price TargetHold$18.00 ➝ $14.00Low
i
Rating by Rohit Seth at SunTrust Banks, Inc.
5/1/2020CitigroupBoost Price TargetBuy$17.00 ➝ $19.00High
i
Rating by Anthony Pettinari at Citigroup Inc.
4/30/2020CfraLower Price TargetBuy$30.00 ➝ $22.00Medium
i
4/30/2020Stifel NicolausBoost Price TargetBuy$19.00 ➝ $22.00Medium
i
4/30/2020StephensDowngradeOverweight ➝ Equal Weight$18.00 ➝ $17.00High
i
4/28/2020Longbow ResearchLower Price TargetOutperform ➝ Buy$29.00 ➝ $20.00High
i
4/23/2020JPMorgan Chase & Co.Lower Price TargetNeutral$25.00 ➝ $12.50Medium
i
4/22/2020DA DavidsonDowngradeBuy ➝ NeutralHigh
i
4/17/2020Loop CapitalDowngradeBuy ➝ Hold$15.00High
i
4/8/2020Royal Bank of CanadaReiterated RatingBuy$16.00High
i
3/25/2020Berenberg BankUpgradeHold ➝ Buy$20.00High
i
3/25/2020Deutsche Bank AktiengesellschaftLower Price TargetBuy$34.00 ➝ $22.00High
i
Rating by Seldon Clarke at Deutsche Bank Aktiengesellschaft
3/19/2020The Goldman Sachs GroupLower Price TargetSell$22.00 ➝ $16.00High
i
Rating by Jerry Revich at The Goldman Sachs Group, Inc.
3/18/2020Royal Bank of CanadaReiterated RatingBuy$20.00High
i
3/9/2020SunTrust BanksDowngradeHold$18.00Medium
i
Rating by Rohit Seth at SunTrust Banks, Inc.
2/10/2020StephensBoost Price TargetOverweight$29.00 ➝ $30.00Medium
i
1/13/2020The Goldman Sachs GroupDowngradeNeutral ➝ Sell$24.00 ➝ $22.00High
i
Rating by Jerry Revich at The Goldman Sachs Group, Inc.
12/19/2019Loop CapitalInitiated CoverageBuy$29.00Low
i
12/18/2019Royal Bank of CanadaReiterated RatingBuy$28.00High
i
12/17/2019CitigroupInitiated CoverageBuy$30.00High
i
12/6/2019The Goldman Sachs GroupDowngradeBuy ➝ Neutral$24.00High
i
11/27/2019Deutsche Bank AktiengesellschaftInitiated CoverageBuy$32.00Low
i
Rating by Seldon Clarke at Deutsche Bank Aktiengesellschaft
11/20/2019Deutsche Bank AktiengesellschaftInitiated CoverageBuy$32.00Low
i
10/31/2019DA DavidsonBoost Price TargetBuy$28.00High
i
10/30/2019CfraUpgradeHold ➝ BuyHigh
i
10/15/2019BarclaysSet Price TargetHold$22.00N/A
i
Rating by Adam Seiden at Barclays PLC
10/9/2019Exane BNP ParibasInitiated CoverageOutperformHigh
i
10/9/2019BNP ParibasInitiated CoverageOutperformHigh
i
10/8/2019Stifel NicolausSet Price TargetBuy$28.00Low
i
Rating by Stanley Elliott at Stifel Nicolaus
9/5/2019JPMorgan Chase & Co.Boost Price TargetNeutral$19.00 ➝ $22.00Low
i
6/14/2019BarclaysSet Price TargetHold$18.00Low
i
Rating by Adam Seiden at Barclays PLC
4/3/2019Berenberg BankInitiated CoverageHold$18.00Medium
i
3/21/2019JPMorgan Chase & Co.Initiated CoverageNeutral ➝ Neutral$19.00Medium
i
2/14/2019ScotiabankReiterated RatingHoldLow
i
1/4/2019CitigroupLower Price TargetBuy ➝ Buy$21.00 ➝ $18.00High
i
Rating by Scott Schrier at Citigroup Inc.
1/2/2019DA DavidsonLower Price TargetBuy$20.00Low
i
Rating by Brent Thielman at DA Davidson
12/19/2018Stifel NicolausReiterated RatingBuy$23.00Low
i
11/8/2018CitigroupSet Price TargetBuy$21.00Low
i
Rating by Scott Schrier at Citigroup Inc.
11/8/2018Stifel NicolausReiterated RatingBuy$25.00N/A
i
11/8/2018Jefferies Financial GroupReiterated RatingBuy$24.00N/A
i
11/7/2018Royal Bank of CanadaSet Price TargetBuy$18.00High
i
Rating by Michael Dahl at Royal Bank of Canada
10/17/2018StephensSet Price TargetBuy$21.00Low
i
Rating by Trey Grooms at Stephens
10/11/2018DA DavidsonSet Price TargetPositive ➝ Buy$28.00High
i
8/3/2018Stifel NicolausLower Price TargetBuy ➝ Buy$38.00 ➝ $34.00Low
i
8/2/2018StephensSet Price TargetBuy$24.00Low
i
Rating by Trey Grooms at Stephens
8/2/2018BarclaysLower Price TargetEqual Weight ➝ Equal Weight$30.00 ➝ $24.00Low
i
8/2/2018Royal Bank of CanadaLower Price TargetOutperform$27.00Low
i
Rating by Michael Eisen at Royal Bank of Canada
7/23/2018CitigroupLower Price TargetBuy ➝ $25.50$38.00 ➝ $37.00Low
i
7/1/2018Royal Bank of CanadaReiterated RatingBuy$35.00Low
i
Rating by Michael Eisen at Royal Bank of Canada
5/30/2018SunTrust BanksLower Price TargetBuy ➝ Buy$38.00 ➝ $35.00Low
i
4/17/2018Jefferies Financial GroupInitiated CoverageBuy$36.00Medium
i
2/26/2018The Goldman Sachs GroupUpgradeNeutral ➝ BuyMedium
i
2/15/2018Royal Bank of CanadaSet Price TargetBuy$37.00Low
i
Rating by Michael Eisen at Royal Bank of Canada
2/15/2018Deutsche Bank AktiengesellschaftBoost Price TargetBuy ➝ Buy$35.00 ➝ $38.00Medium
i
1/25/2018CitigroupBoost Price TargetBuy ➝ Buy$37.00 ➝ $39.00Medium
i
12/12/2017BarclaysInitiated CoverageEqual Weight$32.00Low
i
11/8/2017Canaccord GenuityReiterated RatingBuy$12.50N/A
i
11/2/2017Royal Bank of CanadaReiterated RatingBuyN/A
i
10/31/2017Bank of AmericaBoost Price TargetNeutral$33.00 ➝ $34.00N/A
i
10/24/2017SunTrust BanksSet Price TargetBuy$38.00N/A
i
8/9/2017Royal Bank of CanadaReiterated RatingOutperform$33.00 ➝ $35.00Low
i
8/3/2017Royal Bank of CanadaBoost Price TargetOutperform ➝ Outperform$33.00 ➝ $35.00Low
i
8/3/2017Stifel NicolausReiterated RatingBuy$35.00Low
i
6/19/2017Royal Bank of CanadaReiterated RatingBuy$33.00Low
i
6/8/2017Longbow ResearchInitiated CoverageBuy ➝ Buy$34.00High
i
3/31/2017Cleveland ResearchReiterated RatingBuyMedium
i
1/20/2017SunTrust BanksInitiated CoverageBuy$30.00N/A
i
11/17/2016DA DavidsonReiterated RatingBuy$27.00N/A
i
Rating by Brent Thielman at DA Davidson
11/16/2016Royal Bank of CanadaReiterated RatingOutperform$29.00 ➝ $26.00N/A
i
11/16/2016Bank of AmericaDowngradeBuy ➝ NeutralN/A
i
11/3/2016Royal Bank of CanadaReiterated RatingOutperform$24.00 ➝ $26.00N/A
i
11/3/2016Royal Bank of CanadaBoost Price TargetOutperform$24.00 ➝ $26.00N/A
i
10/11/2016The Goldman Sachs GroupDowngradeBuy ➝ Neutral$22.00 ➝ $21.00N/A
i
10/9/2016DA DavidsonReiterated RatingBuy$27.00N/A
i
8/31/2016DA DavidsonReiterated RatingBuy$27.00N/A
i
8/4/2016CitigroupBoost Price TargetBuy$25.00 ➝ $26.00N/A
i
Rating by Scott Schrier at Citigroup Inc.
6/17/2016Bank of AmericaReiterated RatingBuyN/A
i
4/26/2016The Goldman Sachs GroupReiterated RatingBuyN/A
i
4/18/2016CitigroupBoost Price TargetBuy$21.00 ➝ $24.00N/A
i
Rating by Scott Schrier at Citigroup Inc.
4/8/2016The Goldman Sachs GroupBoost Price Target$22.00 ➝ $25.00N/A
i
4/1/2016Royal Bank of CanadaBoost Price TargetOutperform$18.00 ➝ $23.00N/A
i
3/22/2016BarclaysBoost Price TargetEqual Weight$19.00 ➝ $20.00N/A
i
3/17/2016Bank of AmericaReiterated RatingBuyN/A
i
Rating by Timna Tanners at Bank of America Co.
(Data available from 2/27/2016 forward)
Summit Materials logo
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.
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Today's Range

Now: $27.71
$26.26
$28.31

50 Day Range

MA: $23.81
$20.53
$28.34

52 Week Range

Now: $27.71
$7.51
$29.30

Volume

1,892,396 shs

Average Volume

1,490,001 shs

Market Capitalization

$3.16 billion

P/E Ratio

23.09

Dividend Yield

N/A

Beta

1.37

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: Berenberg Bank, Cfra, Citigroup Inc., DA Davidson, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Longbow Research, Loop Capital, Morgan Stanley, Royal Bank of Canada, Stephens, Stifel Nicolaus, SunTrust Banks, Inc., The Goldman Sachs Group, Inc., UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for SUM.

What is the current price target for Summit Materials?

14 Wall Street analysts have set twelve-month price targets for Summit Materials in the last year. Their average twelve-month price target is $20.71, suggesting a possible downside of 25.9%. JPMorgan Chase & Co. has the highest price target set, predicting SUM will reach $27.00 in the next twelve months. SunTrust Banks, Inc. has the lowest price target set, forecasting a price of $14.00 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 2 sell ratings, 2 hold ratings, 10 buy ratings and 1 strong buy rating 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.