Stifel, Beacon Roofing

Beacon Roofing (BECN) Moves 7.7% Higher: Will This Strength Last?
Beacon Roofing (BECN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Stifel raises Beacon Roofing Supply target to $131
Stifel analysts increased the price target for Beacon Roofing Supply (NASDAQ:BECN) stock to $131 from the previous target of $115, while reaffirming a Buy rating. The adjustment follows a recent takeover bid by QXO,
Beacon price target raised to $131 at Stifel with takeover in play
Stifel analyst W. Andrew Carter raised the firm’s price target on Beacon (BECN) to $131 from $115 and keeps a Buy rating on the shares. The
The Beacon Roofing Supply Inc Rollercoaster: What’s Behind the Latest BECN Stock Fluctuation?
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.73% of Beacon Roofing Supply Inc (BECN)’s shares, while financial institutions hold 97.16%.
QXO proposes to acquire Beacon Roofing Supply
The proposal implies a total transaction value of approximately $11 billion and a 37% premium above Beacon’s 90-day unaffected volume-weighted average price of $91.02.
Beacon price target raised to $136 from $125 at BMO Capital
BMO Capital raised the firm’s price target on Beacon (BECN) to $136 from $125 and keeps an Outperform rating on the shares. The company
Beacon Roofing jumps after QXO makes $124.25 a share takeover offer (update)
Beacon Roofing (NASDAQ:BECN) soared 9.3% in premarket trading after QXO Inc. (QXO) offered to buy the building products ...
QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash
Offers Significant and Immediate Value to Beacon Shareholders with a 37% Premium above Beacon’s Unaffected 90-Day Share ...
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Beacon Roofing Supply (NASDAQ:BECN) Receives Buy Rating from Stifel Nicolaus
Shares of BECN stock opened at $102.10 on Wednesday. Beacon Roofing Supply has a 12 month low of $77.54 and a 12 month high of $116.30. The company has a quick ratio of 1.14, a current ratio of 1.
Beacon confirms receipt, reiterates rejection of unsolicited QXO proposal
Beacon (BECN) confirmed that it has previously received and rejected an unsolicited, non-binding proposal from QXO (QXO) to acquire all ...