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Fred Alger Management LLC lifted its stake in Summit Materials, Inc. (NYSE:SUM – Free Report) by 32.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 842,946 shares of the construction company’s stock after purchasing an additional 207,309 shares during […]
JPMorgan Chase & Co. began coverage on shares of Summit Materials (NYSE:SUM – Free Report) in a research report sent to investors on Friday, MarketBeat.com reports. The firm issued an overweight rating and a $47.00 price target on the construction company’s stock. SUM has been the topic of several other reports. Royal Bank of Canada […]
Research analysts at JPMorgan Chase & Co. initiated coverage on shares of Summit Materials (NYSE:SUM – Get Free Report) in a research report issued on Friday, MarketBeat.com reports. The firm set an “overweight” rating and a $47.00 price target on the construction company’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside […]
Summit Materials, Inc. (NYSE:SUM – Get Free Report) has earned an average rating of “Moderate Buy” from the ten brokerages that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price […]
Summit Materials (NYSE:SUM – Free Report) had its price objective upped by Truist Financial from $43.00 to $46.00 in a report issued on Friday morning, Benzinga reports. They currently have a buy rating on the construction company’s stock. Several other research analysts have also recently issued reports on SUM. Seaport Res Ptn raised shares of […]