Builders FirstSource (BLDR) : 5 brokerage houses believe that Builders FirstSource (BLDR) is a Strong Buy at current levels. Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 5 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.
Builders FirstSource (BLDR) : 5 Wall Street analysts covering Builders FirstSource (BLDR) believe that the average level the stock could reach for the short term is $18. The maximum price target given is $25 and the minimum target for short term is around $14, hence the standard deviation is calculated at $4.3.
For the current week, the company shares have a recommendation consensus of Buy.
Builders FirstSource (NASDAQ:BLDR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.86 and $12.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.17. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.11, notching a gain of 2.18% for the day. The total traded volume was 892,003 . The stock had closed at $12.83 on the previous day.
Builders FirstSource, Inc. is a supplier and manufacturer of structural and related building products for residential new construction. The Company groups its building products and services into five product categories: Prefabricated Components, Windows & Doors, Lumber & Lumber Sheet Goods, Millwork, and Other Building Products & Services. The Companys Prefabricated Components are factory-built substitutes for job-site framing. The Windows & Doors category includes the manufacturing, assembly and distribution of windows, and the assembly and distribution of interior and exterior door units. The Lumber & Lumber Sheet Goods category includes dimensional lumber, plywood and oriented strand board (OSB) products. The Millwork category offers interior and exterior trim, columns and posts, as well as custom exterior features under the Synboard brand. The Other Building Products & Services category consists of various products, including hardware, composite materials, roofing and insulation.