RBC Capital Keeps Their Buy Rating on BMC Stock Holdings

By Carrie Williams

In a report released yesterday, Robert Wetenhall from RBC Capital reiterated a Buy rating on BMC Stock Holdings (NASDAQ: BMCH), with a price target of $26. The company’s shares closed yesterday at $22.65.

According to TipRanks.com, Wetenhall is a top 25 analyst with an average return of 18.3% and a 82.4% success rate. Wetenhall covers the Industrial Goods sector, focusing on stocks such as Continental Building Products, Installed Building Products, and Advanced Drainage Systems.

Currently, the analyst consensus on BMC Stock Holdings is Strong Buy and the average price target is $25.25, representing an 11.5% upside.

In a report issued on November 3, SunTrust Robinson also reiterated a Buy rating on the stock with a $25 price target.

BMC Stock Holdings’ market cap is currently $1.52B and has a P/E ratio of 30.2. The company has a book value ratio of 2.0830.

Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock.

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BMC Stock Holdings, Inc. is a providers of diversified building products and services in the U.S. residential construction market. Its products include lumber and lumber sheet goods and an array of value-added products, including millwork, doors, windows, structural components, floor and roof trusses and wall panels.