Beacon Roofing Supply (BECN) Cut to “Sell” at ValuEngine

Principal Financial Group Inc. lowered its holdings in Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 26.6% in the fourth quarter, reports. The firm owned 6,598 shares of the company’s stock after selling 2,391 shares during the quarter. Principal Financial Group Inc.’s holdings in Beacon Roofing Supply were worth $209,000 as of its most recent filing [.]

Is The Ceiling About to Fall On Beacon Roofing Supply, Inc. (BECN)? Published on November 23, 2016 at 9:21 pm by Abror Ahmed in Hedge Funds , News Share Tweet Share Email

Beacon Roofing Supply: Sell-Off Looks Enticing – And Dangerous. BECN data by YCharts. Beacon has had some issues of its own, and cut gross margin guidance by 55-60 bps from a previous range.

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Beacon Roofing Supply, Inc. (NASDAQ:BECN) has been assigned a consensus rating of "Hold" from the nineteen ratings firms that are currently covering the company, reports. Two analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and six have issued a buy recommendation on the company.

Beacon Roofing Supply (BECN) Cut to “Sell” at ValuEngine Beacon Roofing Supply (BECN) Lowered to Strong Sell at. – ValuEngine downgraded shares of Beacon roofing supply (nasdaq:becn) from a sell rating to a strong sell rating in a research report released on Monday morning.. Other equities research analysts have also recently issued.

Stocks Analysis by Tim Knight covering: Beacon Roofing Supply Inc. Read Tim Knight’s latest article on

 · Chesapeake Utilities (NYSE:CPK) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a report released on Tuesday, ValuEngine reports. A number of other equities research analysts have also issued reports on the company. Wells Fargo & Co reissued a “hold” rating on shares of Chesapeake Utilities in a research [.]

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Downgraded from Neutral on September 13th 2018 View full report here! Bearish sentiment Short interest | Negative Short interest is moderately high for BECN with between 10 and 15% of shares.

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BECN has been the topic of a number of research reports. ValuEngine downgraded Beacon Roofing Supply from a “sell” rating to a “strong sell” rating in a research note on Monday, March 11th. SunTrust Banks reaffirmed a “buy” rating and issued a $44.00 price objective on shares of Beacon Roofing Supply in a research note on Friday, February 8th.

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