Summit Materials (SUM) Receives a Hold from RBC Capital

Written by Emily J. Thompson, Senior Investment Analyst

SUM%

Source: Business Insider

Updated: Jan 13 2025

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Source: Business Insider

Analyst Ratings: Michael Dahl from RBC Capital maintains a Hold rating on Summit Materials (SUM) with a price target of $52.50, while the analyst consensus also reflects a Hold rating with a slightly lower price target of $51.35, indicating potential downside.
Insider Activity: Recent corporate insider activity shows negative sentiment towards SUM, with an increase in share sales by insiders, including a notable sale by EVP Christopher Burke Gaskill.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Summit Materials (SUM) Receives a Hold from RBC Capital

About the author

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