NYSE:SUM - Summit Materials Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $32.25
  • Forecasted Upside: -10.81 %
  • Number of Analysts: 10
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 5 Buy Ratings
  • 1 Strong Buy Ratings
$36.16
▲ +1.51 (4.36%)

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 $32.25
▼ -10.81% Downside Potential
This price target is based on 10 analysts offering 12 month price targets for Summit Materials in the last 3 months. The average price target is $32.25, with a high forecast of $42.00 and a low forecast of $16.00. The average price target represents a -10.81% upside from the last price of $36.16.

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 10 polled 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 Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 1 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
1/1/2020
  • 1 strong buy ratings
  • 11 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/31/2020
  • 1 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/29/2020
  • 1 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/27/2020
  • 1 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 1 sell ratings
12/26/2020
  • 1 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/26/2021
  • 1 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 1 sell ratings
5/25/2021
  • 1 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings
6/24/2021

Latest Recommendations

  • 1 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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
10/11/2016The Goldman Sachs GroupDowngradeBuy ➝ Neutral$22.00 ➝ $21.00N/A
10/9/2016DA DavidsonReiterated RatingBuy$27.00N/A
8/31/2016DA DavidsonReiterated RatingBuy$27.00N/A
8/4/2016CitigroupBoost Price TargetBuy$25.00 ➝ $26.00N/A
(Data available from 6/24/2016 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: $36.16
Low: $34.70
High: $36.37

50 Day Range

MA: $32.48
Low: $28.19
High: $36.16

52 Week Range

Now: $36.16
Low: $14.36
High: $36.37

Volume

998,135 shs

Average Volume

1,279,430 shs

Market Capitalization

$4.24 billion

P/E Ratio

25.65

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, Cfra, Citigroup Inc., JPMorgan Chase & Co., Loop Capital, Morgan Stanley, Stephens, 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?

8 Wall Street analysts have set twelve-month price targets for Summit Materials in the last year. Their average twelve-month price target is $32.25, suggesting a possible downside of 6.9%. 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, 3 hold ratings, 5 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.