In a recent update, Stifel analyst W. Andrew Carter has maintained a 'Hold' rating on Builders FirstSource (BLDR, Financial), while adjusting the price target downward from $125.00 to $118.00 USD. This revised price target represents a decrease of approximately 5.60%.
The decision to maintain the 'Hold' rating reflects the analyst's stance following the lowered price expectations. Builders FirstSource (BLDR, Financial), a major player in the building materials and services industry, now faces new valuation considerations as set by Stifel.
Investors and stakeholders in Builders FirstSource (BLDR, Financial) should note this adjustment as it may influence market perceptions and investment decisions. The new price target and maintained rating come as part of Stifel's broader evaluation strategy for the company's future performance metrics.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Builders FirstSource Inc (BLDR, Financial) is $146.95 with a high estimate of $190.00 and a low estimate of $125.00. The average target implies an upside of 29.35% from the current price of $113.61. More detailed estimate data can be found on the Builders FirstSource Inc (BLDR) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Builders FirstSource Inc's (BLDR, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Builders FirstSource Inc (BLDR, Financial) in one year is $143.35, suggesting a upside of 26.18% from the current price of $113.61. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Builders FirstSource Inc (BLDR) Summary page.
