Summit Materials, Inc. (SUM) Social Stream
SUMMIT MATERIALS INC (SUM) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering SUMMIT MATERIALS INC.
| 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 | $33.15 | 16.14% |
| 2021-12-01 | 9 | $46 | $16 | $38.9 | $33.15 | 17.35% |
| 2021-12-09 | 9 | $46 | $40 | $42.444 | $33.15 | 28.04% |
| 2021-12-15 | 8 | $47 | $40 | $43.222 | $33.15 | 30.38% |
| 2021-12-16 | 8 | $50 | $40 | $44.333 | $33.15 | 33.73% |
| 2022-02-01 | 9 | $50 | $40 | $43.9 | $33.15 | 32.43% |
| 2022-02-25 | 8 | $50 | $40 | $43.6 | $33.15 | 31.52% |
| 2022-02-28 | 8 | $50 | $35 | $43.1 | $33.15 | 30.02% |
| 2022-03-21 | 9 | $50 | $35 | $43.1 | $33.15 | 30.02% |
| 2022-04-13 | 9 | $50 | $35 | $42.8 | $33.15 | 29.11% |
| 2022-05-03 | 9 | $50 | $35 | $42.7 | $33.15 | 28.81% |
| 2022-05-06 | 9 | $50 | $35 | $41.5 | $33.15 | 25.19% |
| 2022-05-24 | 9 | $50 | $33 | $40.9 | $33.15 | 23.38% |
| 2022-06-03 | 9 | $50 | $33 | $40.8 | $33.15 | 23.08% |
| 2022-06-22 | 9 | $50 | $31 | $39.9 | $33.15 | 20.36% |
| 2022-07-20 | 10 | $45 | $26 | $34.363 | $33.15 | 3.66% |
| 2022-08-01 | 10 | $45 | $26 | $33.727 | $33.15 | 1.74% |
| 2022-08-08 | 10 | $52 | $28 | $35.181 | $33.15 | 6.13% |
| 2022-09-01 | 10 | $52 | $28 | $35.545 | $33.15 | 7.22% |
| 2022-09-22 | 10 | $52 | $28 | $36.181 | $33.15 | 9.14% |
| 2022-10-03 | 10 | $52 | $28 | $36 | $33.15 | 8.6% |
| 2022-10-10 | 10 | $50 | $28 | $35.818 | $33.15 | 8.05% |
| 2022-10-14 | 10 | $50 | $24.5 | $33.954 | $33.15 | 2.43% |
| 2022-11-04 | 10 | $50 | $24.5 | $33.681 | $33.15 | 1.6% |
| 2022-11-07 | 10 | $48 | $24.5 | $33.5 | $33.15 | 1.06% |
| 2022-11-09 | 10 | $48 | $24.5 | $33.772 | $33.15 | 1.88% |
| 2022-12-08 | 10 | $48 | $24.5 | $33.59 | $33.15 | 1.33% |
| 2022-12-14 | 10 | $47.197 | $24.09 | $33.207 | $33.15 | 0.17% |
| 2022-12-19 | 10 | $45 | $24.09 | $33.186 | $33.15 | 0.11% |
| 2023-01-12 | 11 | $45 | $24.09 | $32.634 | $33.15 | -1.56% |
| 2023-01-13 | 10 | $42 | $24.09 | $33.031 | $33.15 | -0.36% |
| 2023-01-24 | 10 | $42 | $27.531 | $33.613 | $33.15 | 1.4% |
| 2023-02-02 | 10 | $42 | $27.531 | $33.67 | $33.15 | 1.57% |
| 2023-02-16 | 11 | $42 | $27.531 | $33.67 | $33.15 | 1.57% |
| 2023-02-21 | 11 | $42 | $27.531 | $33.717 | $33.15 | 1.71% |
| 2023-03-02 | 11 | $42 | $27.531 | $33.626 | $33.15 | 1.44% |
| 2023-04-24 | 11 | $42 | $27.531 | $33.132 | $33.15 | -0.05% |
| 2023-05-04 | 12 | $42 | $27.531 | $33.132 | $33.15 | -0.05% |
| 2023-05-05 | 12 | $42 | $27.531 | $33.705 | $33.15 | 1.67% |
| 2023-05-08 | 12 | $42 | $27.531 | $34.71 | $33.15 | 4.71% |
| 2023-05-10 | 12 | $42 | $27.531 | $35.044 | $33.15 | 5.71% |
The Trend in the Analyst Price Target
SUM's average price target has moved up $7.45 over the prior 26 months.
SUM reports an average of 19.04% for its upside potential over the past 46 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-07-20 | 10 | 45 | 26.000 | 34.363 | 25.28 | 35.93% |
| 2022-11-07 | 10 | 48 | 24.500 | 33.500 | 27.85 | 20.29% |
| 2022-12-19 | 10 | 45 | 24.090 | 33.186 | 29.85 | 11.18% |
| 2023-02-02 | 10 | 42 | 27.531 | 33.670 | 34.25 | -1.69% |
| 2023-03-02 | 11 | 42 | 27.531 | 33.535 | 30.43 | 10.2% |
SUM Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.08 | 5 | 1 | 6 | 0 | 0 | 12 |
The Trend in the Broker Recommendations
SUM's average broker recommendation rating worsened by 0.18 over the prior 26 weeks.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- SUM has a greater upside potential (average analyst target price relative to current price) than 1211.75% of all US stocks.
- In the context of stocks in the mid market cap category, SUMMIT MATERIALS INC's number of analysts covering the stock is greater than 3506.08% of them.
- In the context of Basic Materials stocks, SUMMIT MATERIALS INC's variance in analysts' estimates is lower than -2615.36% of them.
- SUMMIT MATERIALS INC's average analyst price target is greater than 2624.04% of Non-Metallic and Industrial Metal Mining stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Non-Metallic and Industrial Metal Mining industry with the ratings most similar to SUMMIT MATERIALS INC are MDU, NEXA, and NXE.
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