Seaport Global Remains a Buy on TopBuild Corp (BLD)

By Carrie Williams

In a report issued on August 9, Matt S McCall from Seaport Global reiterated a Buy rating on TopBuild Corp (NYSE: BLD), with a price target of $94. The company’s shares closed on Friday at $76.43.

According to TipRanks.com, McCall is a 3-star analyst with an average return of 6.5% and a 47.5% success rate. McCall covers the Industrial Goods sector, focusing on stocks such as Installed Building Products, BMC Stock Holdings, and NCI Building.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for TopBuild Corp with a $96.33 average price target, a 26.0% upside from current levels. In a report issued on August 7, Jefferies also reiterated a Buy rating on the stock with a $100 price target.

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The company has a one-year high of $87.21 and a one-year low of $54.52. Currently, TopBuild Corp has an average volume of 268.8K.

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TopBuild Corp. is an installer and distributor of insulation products. The company operates through two segments: Installation and Distribution. The Installation segment provides installation services nationwide through its TruTeam contractor services business branches located United States.