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Beacon Roofing Supply, Inc. (BECN) [hlAlert]

Rating:
Hold BECN
up 17.23 %

Beacon Roofing Supply, Inc. (BECN) downgraded to Hold by KeyBanc Capital Mkts

Posted on: Monday,  Sep 17, 2012  8:25 AM ET by KeyBanc Capital Mkts

KeyBanc Capital Mkts rated Hold Beacon Roofing Supply, Inc. (NASDAQ: BECN) on 09/17/2012. Previously KeyBanc Capital Mkts rated Buy Beacon Roofing Supply, Inc. (NASDAQ:
BECN) on 05/10/2012., when the stock price was $25.01. Since then, Beacon Roofing Supply, Inc. has gained 17.23% as of 09/17/2012's recent price of $29.32.
If you would have followed the previous KeyBanc Capital Mkts's recommendation on BECN, you would have gained 17.23% of your investment in 130 days.

Beacon Roofing Supply, Inc. distributes residential and non-residential roofing materials in the United States and Canada. It also distributes other complementary building materials, including siding, windows, and specialty lumber products and waterproofing systems for residential and non-residential building exteriors. The Company operates through 175 branches in 35 states and three Canadian provinces. It distributes in the metropolitan markets in the northeast, mid-atlantic, midwest, central plains, south and southwest regions of the United States and in Eastern Canada.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/17/2012 8:25 AM Hold
None
29.32
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  17.23 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/10/2012 3:25 PM Buy
None
25.01 31.00
12/2/2011 9:25 AM Hold
None
19.26
10/6/2011 8:25 AM Buy
None
17.32 21.00
3/8/2011 8:25 AM Hold
None
20.52
7/21/2009 8:25 AM Hold
None
16.03

(*) Stock Price at the time of the recommendation.
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