Published On: Wed, Oct 19th, 2016

Recently Changed Price Targets On Installed Building Products Inc (NYSE:IBP)


A number of investment brokers have recently updated their price targets on shares of Installed Building Products Inc (NYSE:IBP).

Most recent broker ratings

07/18/2016 – Installed Building Products Inc had its “buy” rating reiterated by analysts at UBS. They now have a USD 42 price target on the stock.

05/09/2016 – Installed Building Products Inc had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 36 price target on the stock.

04/05/2016 – Installed Building Products Inc had its “hold” rating reiterated by analysts at Zelman.

03/17/2016 – Installed Building Products Inc was upgraded to “buy” by analysts at SunTrust. They now have a USD 30 price target on the stock.

01/27/2016 – Installed Building Products Inc was downgraded to “sector weight” by analysts at KeyBanc.

09/17/2015 – Installed Building Products Inc had its “overweight” rating reiterated by analysts at Keefe, Bruyette & Woods. They now have a USD 33 price target on the stock.

09/09/2015 – Stephens began new coverage on Installed Building Products Inc giving the company a “overweight” rating.

06/23/2015 – Installed Building Products Inc had its “buy” rating reiterated by analysts at Deutsche Bank. They now have a USD 26 price target on the stock.

05/20/2015 – Installed Building Products Inc had its “buy” rating reiterated by analysts at BB&T Capital Markets. They now have a USD 27 price target on the stock.

05/13/2015 – Installed Building Products Inc was downgraded to “hold” by analysts at Zacks.

03/10/2014 – BPI began new coverage on Installed Building Products Inc giving the company a “buy” rating.

The share price of Installed Building Products Inc (NYSE:IBP) was up +0.44% during the last trading session, with a day high of 34.90. 80968 shares were traded on Installed Building Products Inc’s last session.

The stock’s 50 day moving average is 35.27 and its 200 day moving average is 33.18. The stock’s market capitalization is 1.08B. Installed Building Products Inc has a 52-week low of 17.60 and a 52-week high of 38.97.

Installed Building Products, Inc. is a holding company. The Company is a residential insulation installer in the United States. The Company’s national platform consists of over 100 locations accessing customers in approximately 50 continental states and the District of Columbia. The Company also installs complementary building products, including garage doors, rain gutters, shower doors, closet shelving and mirrors, which provide cross-selling opportunities to supplement the insulation installation business. The Company manages various aspects of the installation process for the customers, from the direct purchase and receipt of materials from national manufacturers, to supply of materials to job sites and quality installation. The Company handles various stages of the installation process, including material procurement, project scheduling and logistics, multi-phase professional installation and field quality inspection.