Summit Materials, Inc. (SUM) Social Stream



Summit Materials, Inc. (SUM): $40.19

0.84 (-2.05%)

POWR Rating

Component Grades

Momentum

A

Stability

C

Sentiment

Quality

C

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.

What is the outlook for SUM? Use POWR Ratings for clearer insight into price direction.


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