Beacon Roofing Supply (NASDAQ:BECN) Rating Lowered to Sell at BidaskClub

– 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.

Beacon Roofing. to sell 1 million shares of Ready Mix common stock at $12 each. See full story. Monarch Casino & Resort MCRI, -0.98% shares rose more than 6 percent after Merriman Curhan Ford.

The Analyst Wedbush analyst Jay McCanless initiated coverage of Meritage Homes with an Outperform rating and $55 price target. despite year-to-date declines: Beacon Roofing Supply, Inc. (NASDAQ:.

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Buckingham Research dropped their target price on shares of Beacon Roofing Supply from $38.00 to $31.00 and set a neutral rating on [.] BidaskClub upgraded shares of Beacon Roofing Supply (NASDAQ:BECN) from a hold rating to a buy rating in a research report released on Wednesday, BidAskClub reports.

Insurance and airline stocks took a hit on Thursday on fears of major damage and mass flight cancellations respectively, although Beacon Roofing Supply (NASDAQ:BECN) rose 3.3% after. that it.

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Another soft roofing survey doesn’t instill confidence in Beacon Roofing, Merkel said in a Monday note. fears that roofing is structurally more competitive. As such, the firm lowered its adjusted.

Beacon Roofing Supply, Inc. (NASDAQ:BECN) has earned a consensus recommendation of "Hold" from the seventeen brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation and four have given a buy recommendation to the company.

Wall Street ratings. gets lowered to Market Perform from Outperform with a $69 price objective at FBR Capital, which cites the sustained sales challenges it faces. Universal Display (NASDAQ:OLED):.

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Shares of Beacon Roofing Supply, Inc. (NASDAQ:BECN) have been given an average rating of "Hold" by the seventeen analysts that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating on the company.

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Beacon Roofing (BECN) Q3 Earnings Miss Estimates, Up Y/Y. Beacon Roofing (BECN) delivered earnings and revenue surprises of -10.61% and -6.33%, respectively, for the quarter ended june 2018.