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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
Moderate Buy
7 Buy
3 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
$47.56
▲(22.86% Upside)
| Highest Price Target$58.00 | Average Price Target$47.56 | Lowest Price Target$41.00 |
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
Truist Financial
Reiterated
09/19/24
Morgan Stanley
Initiated
08/26/24
Barclays
Assigned
08/20/24
J.P. Morgan
Reiterated
08/15/24
Citi
Reiterated
08/08/24
Jefferies
Assigned
08/08/24
D.A. Davidson
Reiterated
08/06/24
Stifel Nicolaus
Reiterated
08/06/24
RBC Capital
Assigned
08/06/24
Seaport Global
Reiterated
08/06/24
Loop Capital Markets
$53
Buy
36.92%
Upside
Reiterated
06/07/24
Loop Capital Markets Reaffirms Their Buy Rating on Summit Materials (SUM)
Wolfe Research
$49
Buy
26.58%
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
29.17%
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
Goldman Sachs
$43→$49
Hold
26.58%
Upside
Reiterated
03/13/24
Summit Materials price target raised to $49 from $43 at Goldman SachsSummit Materials price target raised to $49 from $43 at Goldman Sachs
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 3 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
+7.44%
reiterated a xxx
rating 3 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 +7.44% per trade.
1 Year
Success Rate
23/28 ratings generated profit
Average Return
+27.24%
reiterated a buy rating 3 months ago
Copying Stanley Elliott's trades and holding each position for 1 Year would result in 82.14% of your transactions generating a profit, with an average return of +27.24% per trade.
2 Years
xxx
Success Rate
16/18 ratings generated profit
Average Return
+29.32%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 88.89% of your transactions generating a profit, with an average return of +29.32% 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
May 24
Jun 24
Jul 24
Aug 24
Sep 24
Strong Buy
0
1
1
2
1
Buy
15
13
13
10
10
Hold
7
4
7
7
7
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
22
18
21
19
18
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 $47.56.
What is SUM’s upside potential, based on the analysts’ average price target?
Summit Materials has 22.86% 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 Moderate Buy which is based on 7 buy ratings, 3 hold ratings and 0 sell ratings.
What is Summit Materials’s price target?
The average price target for Summit Materials is $47.56. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $58.00 ,the lowest forecast is $41.00. The average price target represents 22.86% Increase from the current price of $38.71.
The highest analyst price target is $58.00 ,the lowest forecast is $41.00. The average price target represents 22.86% Increase from the current price of $38.71.
What do analysts say about Summit Materials?
Summit Materials’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 10 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.