RBC Capital Keeps Their Hold Rating on Installed Building Products (IBP)
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Michael Dahl maintained a Hold rating on Installed Building Products (IBP) with a $228 price target, despite shares closing at $244.05. The stock holds an overall analyst consensus of Hold, with a consensus price target of $239.83, implying a slight downside. Additionally, D.A. Davidson also issued a Hold rating on IBP with a higher target of $250.
RBC Capital analyst Michael Dahl maintained a Hold rating on Installed Building Products on August 7 and set a price target of $228.00. The company’s shares closed yesterday at $244.05.
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Dahl covers the Consumer Cyclical sector, focusing on stocks such as Champion Homes, Toll Brothers, and Whirlpool. According to TipRanks, Dahl has an average return of 10.3% and a 62.85% success rate on recommended stocks.
Installed Building Products has an analyst consensus of Hold, with a price target consensus of $239.83, implying a -1.73% downside from current levels. In a report released yesterday, D.A. Davidson also maintained a Hold rating on the stock with a $250.00 price target.