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

Rating:
Hold BECN

Beacon Roofing Supply, Inc. (BECN) rated Hold with price target $16 by Jefferies

Posted on: Tuesday,  Oct 12, 2010  11:25 AM ET by Jefferies

Beacon Roofing Supply, Inc. (NASDAQ:
BECN) rated Hold with price target $16 by Jefferies.

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.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/12/2010 11:25 AM Hold
None
14.73 16.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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