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

Beacon Roofing Supply, Inc. (NASDAQ:BECN) has been assigned a consensus rating of "Hold" from the nineteen ratings firms that are currently covering the company, reports. Two analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and six have issued a buy recommendation on the company.

The Investor Relations website contains information about beacon roofing supply’s business for Beacon is the largest publicly traded distributor of residential and commercial roofing materials and Within our complementary products offering, we sell a broad range of exterior and interior building.

Is Beacon Roofing Supply, Inc. (NASDAQ:BECN) a good stock to buy right now. Interestingly, David Cohen and Harold Levy’s Iridian Asset Management cut the largest position of the “upper crust” of.

ValuEngine downgraded shares of Beacon Roofing Supply (NASDAQ:BECN) from a sell rating to a strong sell rating in a research report released on Monday morning.. Other equities research analysts have also recently issued reports about the company. BidaskClub upgraded Beacon Roofing Supply from a hold rating to a buy rating in a report on Wednesday, February 20th.

Beacon Roofing Supply: Sell-Off Looks Enticing – And Dangerous. BECN data by YCharts. Beacon has had some issues of its own, and cut gross margin guidance by 55-60 bps from a previous range.

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Principal Financial Group Inc. lowered its holdings in Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 26.6% in the fourth quarter, reports. The firm owned 6,598 shares of the company’s stock after selling 2,391 shares during the quarter. Principal Financial Group Inc.’s holdings in Beacon Roofing Supply were worth $209,000 as of its most recent filing [.]

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valuengine upgraded shares of Beacon Roofing Supply (NASDAQ:BECN) from a strong sell rating to a sell rating in a research report report published on Wednesday morning, ValuEngine reports. Several other equities analysts have also recently weighed in on the company. SunTrust Banks reaffirmed a buy rating and set a $44.00 target price on shares of [.]

ValuEngine upgraded shares of Beacon Roofing Supply (NASDAQ:BECN) from a sell rating to a hold rating in a research note published on Thursday, ValuEngine reports. BECN has been the topic of.