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Advanced Drainage Systems Inc(WMS-N)
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Analysts Conflicted on These Industrial Goods Names: Beacon Roofing Supply (BECN) and Advanced Drainage Systems (WMS)

TipRanks - Tue Jun 28, 2022
Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Beacon Roofing Supply (BECNResearch Report) and Advanced Drainage Systems (WMSResearch Report). Beacon Roofing Supply (BECN) In a report released today, Deepa Raghavan from Wells Fargo maintained a Hold rating on Beacon Roofing Supply, with a price target of $56.00. The company's shares closed last Monday at $51.75.

According to TipRanks.com, Raghavan is a 1-star analyst with an average return of -5.3% and a 40.0% success rate. Raghavan covers the Consumer Goods sector, focusing on stocks such as Century Communities, M.D.C. Holdings, and Taylor Morrison.

Currently, the analyst consensus on Beacon Roofing Supply is a Moderate Buy with an average price target of $70.80, which is a 38.2% upside from current levels. In a report issued on June 22, RBC Capital also downgraded the stock to Hold with a $58.00 price target.

See Insiders’ Hot Stocks on TipRanks >>Advanced Drainage Systems (WMS) In a report released today, Joshua Pokrzywinski from Morgan Stanley maintained a Buy rating on Advanced Drainage Systems, with a price target of $120.00. The company's shares closed last Monday at $88.86, close to its 52-week low of $80.81.

According to TipRanks.com, Pokrzywinski is a 4-star analyst with an average return of 4.6% and a 50.7% success rate. Pokrzywinski covers the Industrial Goods sector, focusing on stocks such as Janus International Group, Emerson Electric Company, and Honeywell International.

Currently, the analyst consensus on Advanced Drainage Systems is a Strong Buy with an average price target of $139.00.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. Read More on BECN:

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