On Jun 29, 2018 Foundation Building (FBM) with $17 Target Analyzed by Evercore ISI Group.

June 29, 2018 - By Rebecca Betts

What Price Target Has Evercore ISI Group Given Foundation Building (FBM)

Evercore ISI Group’s Equity research analysts have $17 target which gives upside potential of 11.26 % on Foundation Building (FBM). Evercore ISI Group also initiated coverage of FBM stock on Thursday, 28 June.

Foundation Building Materials, Inc. (NYSE:FBM) Ratings Coverage

In total 4 analysts cover Foundation Building (FBM). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. 75% are bullish. 5 are the (FBM)’s analyst reports since January 25, 2018 according to StockzIntelligence Inc. On Monday, June 25 the stock has “Buy” rating by Deutsche Bank. On Thursday, January 25 the stock of Foundation Building Materials, Inc. (NYSE:FBM) has “Buy” rating given by Citigroup. In Thursday, February 8 report Raymond James upgraded the stock to “Strong Buy” rating. On Monday, April 9 the stock of Foundation Building Materials, Inc. (NYSE:FBM) earned “Buy” rating by Deutsche Bank.

FBM is hitting $15.28 during the last trading session, after increased 1.60%.Foundation Building Materials, Inc. has volume of 62,834 shares. Since June 29, 2017 FBM has risen 7.34% and is uptrending. The stock underperformed the S&P 500 by 5.23%.

Foundation Building Materials, Inc. (NYSE:FBM)’s earnings report is awaited on August, 2., according to RTT. Last year’s EPS was $0.03, while now analysts expect change of 500.00 % up from current $0.18 EPS. FBM’s profit could be $7.72 million if the current EPS of $0.18 is accurate. Wall Street forecasts 1,700.00 % EPS growth as of August, 2.

Foundation Building Materials, Inc. distributes building products in the United States and Canada.The company has $655.41 million market cap. It operates through two divisions, Specialty Building Products and Mechanical Insulation.8.46 is the P/E ratio. The Specialty Building Products segment distributes wallboard, metal framing, suspended ceiling system, and other products.

There’s an important Foundation Building Materials, Inc. (NYSE:FBM) news brought out by Ocbj.com. It’s an article titled: “Midday Stock Roundup” on June 28, 2018.

Foundation Building Materials, Inc. (NYSE:FBM) Analyst Ratings Chart

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