Summit Materials, Inc. (SUM) Social Stream
SUMMIT MATERIALS INC (SUM) Price Targets From Analysts
Use the tables below to see what analysts covering SUMMIT MATERIALS INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-08 | 9 | $46 | $16 | $38.5 | $38.46 | 0.1% |
| 2021-12-01 | 9 | $46 | $16 | $38.9 | $38.46 | 1.14% |
| 2021-12-09 | 9 | $46 | $40 | $42.444 | $38.46 | 10.36% |
| 2021-12-15 | 8 | $47 | $40 | $43.222 | $38.46 | 12.38% |
| 2021-12-16 | 9 | $50 | $40 | $44.333 | $38.46 | 15.27% |
| 2022-02-01 | 9 | $50 | $40 | $43.9 | $38.46 | 14.14% |
| 2022-02-25 | 8 | $50 | $40 | $43.6 | $38.46 | 13.36% |
| 2022-02-28 | 8 | $50 | $35 | $43.1 | $38.46 | 12.06% |
| 2022-03-21 | 9 | $50 | $35 | $43.1 | $38.46 | 12.06% |
| 2022-04-13 | 9 | $50 | $35 | $42.8 | $38.46 | 11.28% |
| 2022-05-03 | 9 | $50 | $35 | $42.7 | $38.46 | 11.02% |
| 2022-05-06 | 9 | $50 | $35 | $41.5 | $38.46 | 7.9% |
| 2022-05-24 | 9 | $50 | $33 | $40.9 | $38.46 | 6.34% |
| 2022-06-03 | 9 | $50 | $33 | $40.8 | $38.46 | 6.08% |
| 2022-06-22 | 9 | $50 | $31 | $39.9 | $38.46 | 3.74% |
| 2022-07-20 | 10 | $45 | $26 | $34.363 | $38.46 | -10.65% |
| 2022-08-01 | 10 | $45 | $26 | $33.727 | $38.46 | -12.31% |
| 2022-08-08 | 10 | $52 | $28 | $35.181 | $38.46 | -8.53% |
| 2022-09-01 | 10 | $52 | $28 | $35.545 | $38.46 | -7.58% |
| 2022-09-22 | 10 | $52 | $28 | $36.181 | $38.46 | -5.93% |
| 2022-10-03 | 10 | $52 | $28 | $36 | $38.46 | -6.4% |
| 2022-10-10 | 10 | $50 | $28 | $35.818 | $38.46 | -6.87% |
| 2022-10-14 | 10 | $50 | $24.5 | $33.954 | $38.46 | -11.72% |
| 2022-11-04 | 10 | $50 | $24.5 | $33.681 | $38.46 | -12.43% |
| 2022-11-07 | 10 | $48 | $24.5 | $33.5 | $38.46 | -12.9% |
| 2022-11-09 | 10 | $48 | $24.5 | $33.772 | $38.46 | -12.19% |
| 2022-12-08 | 10 | $48 | $24.5 | $33.59 | $38.46 | -12.66% |
| 2022-12-14 | 10 | $47.197 | $24.09 | $33.207 | $38.46 | -13.66% |
| 2022-12-19 | 10 | $45 | $24.09 | $33.186 | $38.46 | -13.71% |
| 2023-01-12 | 11 | $45 | $24.09 | $32.634 | $38.46 | -15.15% |
| 2023-01-13 | 10 | $42 | $24.09 | $33.031 | $38.46 | -14.12% |
| 2023-01-24 | 10 | $42 | $27.531 | $33.613 | $38.46 | -12.6% |
| 2023-02-02 | 10 | $42 | $27.531 | $33.67 | $38.46 | -12.45% |
| 2023-02-16 | 11 | $42 | $27.531 | $33.67 | $38.46 | -12.45% |
| 2023-02-21 | 11 | $42 | $27.531 | $33.717 | $38.46 | -12.33% |
| 2023-03-02 | 11 | $42 | $27.531 | $33.535 | $38.46 | -12.81% |
| 2023-04-24 | 11 | $42 | $27.531 | $33.132 | $38.46 | -13.85% |
| 2023-05-04 | 12 | $42 | $27.531 | $33.132 | $38.46 | -13.85% |
| 2023-05-05 | 12 | $42 | $27.531 | $34.038 | $38.46 | -11.5% |
| 2023-05-08 | 12 | $42 | $27.531 | $34.71 | $38.46 | -9.75% |
| 2023-06-01 | 12 | $42 | $27.531 | $35.044 | $38.46 | -8.88% |
| 2023-07-06 | 11 | $42 | $27.531 | $35.684 | $38.46 | -7.22% |
| 2023-07-13 | 11 | $46 | $31 | $37.4 | $38.46 | -2.76% |
| 2023-07-14 | 11 | $46 | $31 | $37.7 | $38.46 | -1.98% |
| 2023-07-17 | 11 | $46 | $31 | $39 | $38.46 | 1.4% |
| 2023-08-03 | 12 | $46 | $31 | $38.909 | $38.46 | 1.17% |
| 2023-08-07 | 13 | $48 | $31 | $41 | $38.46 | 6.6% |
| 2023-08-23 | 13 | $48 | $31 | $42 | $38.46 | 9.2% |
| 2023-08-24 | 13 | $48 | $31 | $42.25 | $38.46 | 9.85% |
| 2023-10-12 | 13 | $48 | $31 | $42 | $38.46 | 9.2% |
| 2023-11-02 | 13 | $48 | $31 | $42.416 | $38.46 | 10.29% |
| 2023-12-01 | 13 | $47 | $31 | $41.833 | $38.46 | 8.77% |
| 2023-12-18 | 13 | $49 | $31 | $42.083 | $38.46 | 9.42% |
The Trend in the Analyst Price Target
Over the past 23 months, SUM's average price target has gone down $1.82.
SUM reports an average of 11.86% for its upside potential over the past 49 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-21 | 11 | 42 | 27.531 | 33.717 | 29.94 | 12.62% |
| 2023-04-24 | 11 | 42 | 27.531 | 33.132 | 27.39 | 20.96% |
| 2023-07-06 | 11 | 42 | 27.531 | 35.684 | 35.37 | 0.89% |
| 2023-07-13 | 11 | 46 | 31.000 | 37.400 | 37.26 | 0.38% |
| 2023-08-07 | 13 | 48 | 31.000 | 39.636 | 39.32 | 0.8% |
SUM Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.85 | 7 | 1 | 5 | 0 | 0 | 13 |
The Trend in the Broker Recommendations
Over the past 17 months, SUM's average broker recommendation rating improved by 0.05.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for SUM as an investment opportunity.
- In terms of how SUMMIT MATERIALS INC fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is greater than 1625.85% of that group.
- SUMMIT MATERIALS INC's number of analysts covering the stock is higher than 4636.65% of stocks in the mid market cap category.
- In the context of Non-Metallic and Industrial Metal Mining stocks, SUMMIT MATERIALS INC's variance in analysts' estimates is lower than -2835.73% of them.
- In the context of Non-Metallic and Industrial Metal Mining stocks, SUMMIT MATERIALS INC's average analyst price target is greater than 3437.2% of them.
In the Non-Metallic and Industrial Metal Mining industry, MDU, NEXA, and NXE are the three stocks most similar to SUMMIT MATERIALS INC regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
What is the outlook for SUM? Use POWR Ratings for clearer insight into price direction.