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

Rating:
Hold BECN

Beacon Roofing Supply, Inc. (BECN) rated Hold

Posted on: Thursday,  Oct 18, 2007  9:25 AM ET by CIBC Wrld Mkts

Beacon Roofing Supply (BECN)
rated Sector Perform by CIBC Wrld Mkts.

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.

CIBC World Markets strives to deliver leading edge investment research to investing clients through our multi-faceted, firm-wide research product offering. Our research has consistently been recognized as a top research source for its breadth of coverage, industry knowledge and quality of work in generating profitable and timely investment ideas. We provide in-depth coverage for all of the major sectors of the Canadian economy and select coverage of U.S. companies. Our analytical teams remain committed to identifying trends early and developing exploitable investment opportunities across the market capitalization spectrum. With the continued growth in quantitative and computerized investing strategies, we have also developed leading edge quantitative and technical research products to partner with our fundamental approach. Our products are available through several automated avenues: email, website, and third-party market vendors. Client service is our driving force and we constantly advance in offering greater product customization options.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/18/2007 9:25 AM Hold
None
9.53
as of 12/24/2008
1 Week up  0.40 %
1 Month up  19.02 %
3 Months up  19.79 %
1 YTD up  7.27 %

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