Summit Materials, Inc. Reports First Quarter 2024 Results

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Go back to Summit Materials, Inc. Reports First Quarter 2024 Results

Summit Materials (SUM) PT Raised to $46 at RBC Capital

May 3, 2024 6:49 AM EDT

RBC Capital analyst Mike Dahl raised the price target on Summit Materials (NYSE: SUM) to $46.00 (from $44.00) while maintaining a Sector Perform rating.

The analyst comments "Our FY24 Adj. EBITDA est. rises +2% to $1.0 BN from $982 MM prior following a solid 1Q beat and... More

Summit Materials (SUM) PT Raised to $55 at Stifel

May 2, 2024 4:52 PM EDT

Stifel analyst Stanley Elliott raised the price target on Summit Materials (NYSE: SUM) to $55.00 (from $50.00) while maintaining a Buy rating.

The analyst comments "SUM reported revenues below expectations but adjusted EBITDA well ahead on improving margins. Volumes were generally weaker across the portfolio on... More