Wells Fargo & Co Cuts Beacon Roofing Supply, Inc. (NASDAQ:BECN) Target Price To $ 25.00

Wells Fargo & Co maintains Beacon Roofing Supply, Inc. (NASDAQ:BECN) at Underperform rating, while revising the price target. The research firm cuts target price to $ 25.00 down from previous mark of $ 33.00.

According to the previous trading day, closing price of BECN was $ 28.05, representing a 12.33 % increase from the 52 week low of $ 24.97 and a 57.8 % decrease over the 52 week high of $ 66.47.

Beacon Roofing Supply, Inc. has a market capital of $ 1.83 billion and is part of the Basic Materials sector and Building Materials industry.