Beacon Roofing Supply (BECN) Cut to “Sell” at ValuEngine

Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) fell 2% during Monday’s session, but the stock has been making a series of higher lows since August, and I’m expecting a further rebound into mid-October. With that in mind, I’m recommending a bullish trade on the stock today. Sell to open the.

Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon’s key customers consist of contractors, home builders, retailers, wholesale distributors, and building materials suppliers. The company’s product portfolio includes both.

22, 2004–beacon roofing supply, Inc. (Nasdaq: BECN), a leading distributor of roofing materials in key metropolitan markets in the. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction.

Beacon Roofing Supply, Inc. (NASDAQ: BECN) is an American publicly-traded company which sells residential and non-residential roofing products, as well as related In addition to roofing, local divisions may also sell windows, siding, decking, waterproofing, and other external building products.

BidaskClub downgraded shares of Beacon Roofing Supply (NASDAQ:BECN) from a hold rating to a sell rating in a research note published on Thursday morning, BidAskClub reports. Several other equities analysts also recently weighed in on the company. raymond james cut their target price on Beacon Roofing Supply from $45.00 to $40.00 and set an outperform [.]

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Find out why Stockopedia rates Beacon Roofing Supply Inc as a Balanced Style Neutral presented in beautiful graphic reports (along with financial ratios, customisable stock charts, company news and share Broker Recommendations for Beacon Roofing Supply Inc. Recommendation: Strong Sell.

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ValuEngine cut shares of Beacon Roofing Supply from a "sell" rating to a "strong sell" rating in a research note on Monday, March 11th. SunTrust Banks reaffirmed a "buy" rating and set.

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Beacon Roofing Supply (BECN) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as Our experts cut down 220 Zacks Rank #1 Strong Buys to the 7 most likely to jump in price immediately. On average, the full Strong Buy list has more.

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Currently, Joseph M. Nowicki is Chief Financial Officer & Executive Vice President for Beacon Roofing Supply, Inc. He is also on the board of Diversified Restaurant Holdings, Inc. and ASV Holdings,