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

Rating:
Hold BECN
up 18.93 %

Beacon Roofing Supply, Inc. (BECN) downgraded to Hold by BB&T Capital Mkts

Posted on: Monday,  Mar 15, 2010  8:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Hold Beacon Roofing Supply, Inc. (NASDAQ: BECN) on 03/15/2010. Previously BB&T Capital Mkts rated Buy Beacon Roofing Supply, Inc. (NASDAQ:
BECN) on 10/14/2008., when the stock price was $15.63. Since then, Beacon Roofing Supply, Inc. has gained 18.94% as of 03/15/2010's recent price of $18.59.
If you would have followed the previous BB&T Capital Mkts's recommendation on BECN, you would have gained 18.93% of your investment in 517 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.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/15/2010 8:25 AM Hold
None
18.59
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD up  16.18 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/14/2008 10:25 AM Buy
None
15.63

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