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Summit Materials (SUM)
NYSE:SUM
Holding SUM?
Track your performance easily
See the Price Targets and Ratings of:
SUM Analyst Ratings
Strong Buy
8 Buy
1 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
SUM Stock 12 Month Forecast
Average Price Target
$52.88
▲(7.94% Upside)
| Highest Price Target$60.00 | Average Price Target$52.88 | Lowest Price Target$47.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
D.A. Davidson
Reiterated
11/05/24
Truist Financial
Reiterated
11/05/24
Jefferies
Assigned
11/03/24
Loop Capital Markets
Reiterated
11/01/24
RBC Capital
Reiterated
10/31/24
Barclays
Upgraded
10/31/24
Seaport Global
Reiterated
10/31/24
J.P. Morgan
Reiterated
10/30/24
Morgan Stanley
Reiterated
10/14/24
Citi
Reiterated
08/08/24
Stifel Nicolaus
$47
Buy
-4.06%
Downside
Reiterated
08/06/24
Summit Materials (SUM) Receives a Rating Update from a Top Analyst
Wolfe Research
$49
Buy
0.02%
Upside
Upgraded
05/15/24
Analysts Conflicted on These Materials Names: Hudbay Minerals (NYSE: HBM), Summit Materials (NYSE: SUM) and SilverCrest Metals (NYSE MKT: SILV)
Stephens
$47→$50
Buy
2.06%
Upside
Reiterated
05/03/24
Summit Materials price target raised to $50 from $47 at StephensSummit Materials price target raised to $50 from $47 at Stephens
Best Analysts Covering Summit Materials
Which Analyst Should I Follow If I Want to Buy SUM and Sell After:
1 Month
xxx
Success Rate
17/28 ratings generated profit
Average Return
+3.70%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 60.71% of your transactions generating a profit, with an average return of +3.70% per trade.
3 Months
xxx
Success Rate
20/28 ratings generated profit
Average Return
+8.44%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 71.43% of your transactions generating a profit, with an average return of +8.44% per trade.
1 Year
Success Rate
24/28 ratings generated profit
Average Return
+31.56%
reiterated a buy rating 4 months ago
Copying Stanley Elliott's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +31.56% per trade.
2 Years
xxx
Success Rate
17/18 ratings generated profit
Average Return
+45.77%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 94.44% of your transactions generating a profit, with an average return of +45.77% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
SUM Analyst Recommendation Trends
Rating
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
1
2
1
1
0
Buy
13
10
10
18
15
Hold
7
8
8
8
4
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
21
20
19
27
19
Each month's total comprises the sum of three months' worth of ratings.
SUM Financial Forecast
SUM Stock Forecast FAQ
What is SUM’s average 12-month price target, according to analysts?
Based on analyst ratings, Summit Materials’s 12-month average price target is $52.88.
What is SUM’s upside potential, based on the analysts’ average price target?
Summit Materials has 7.94% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is SUM a Buy, Sell or Hold?
Summit Materials has a consensus rating of Strong Buy which is based on 8 buy ratings, 1 hold ratings and 0 sell ratings.
What is Summit Materials’s price target?
The average price target for Summit Materials is $52.88. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $60.00 ,the lowest forecast is $47.00. The average price target represents 7.94% Increase from the current price of $48.99.
The highest analyst price target is $60.00 ,the lowest forecast is $47.00. The average price target represents 7.94% Increase from the current price of $48.99.
What do analysts say about Summit Materials?
Summit Materials’s analyst rating consensus is a Strong Buy. This is based on the ratings of 9 Wall Streets Analysts.
How can I buy shares of SUM?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.