Short Term Rating on Builders FirstSource (BLDR)

Builders FirstSource (BLDR) has an average broker rating of 1, which is interpreted as a Strong Buy, as rated by 6 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell.

Builders FirstSource (BLDR) : 6 investment research analysts covering Builders FirstSource (BLDR) have an average price target of $18.17 for the near short term. The highest target price given by the Brokerage Firm to the stock is $25 and the lowest target is $14 for the short term. Analysts expect the variance to be within $3.87 of the average price.

For the current week, the company shares have a recommendation consensus of Buy.


Builders FirstSource (NASDAQ:BLDR): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.88 and $12.63 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.02. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.81, notching a gain of 0.47% for the day. The total traded volume was 1,283,680 . The stock had closed at $12.75 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.

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