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Summit Materials - SUM Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $50.54
  • Forecasted Upside: 0.08%
  • Number of Analysts: 14
  • Breakdown:
  • 0 Sell Ratings
  • 10 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$50.50 As of 12/20/2024 06:30 PM ET
▲ +0.15 (0.30%)

This chart shows the closing price for SUM by one month, three months, or twelve months.

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Analyst Price Target for SUM

Analyst Price Target is $50.54
▲ +0.08% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for Summit Materials in the last 3 months. The average price target is $50.54, with a high forecast of $52.50 and a low forecast of $47.00. The average price target represents a 0.08% upside from the last price of $50.50.

This chart shows the closing price for SUM for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 14 polled investment analysts is to hold stock in Summit Materials. This rating changed within the last month from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2024
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 11 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 10 hold ratings
  • 0 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 10 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/16/2024Jefferies Financial GroupDowngradeBuy ➝ Hold$58.00 ➝ $52.50
11/26/2024Wolfe ResearchReiterated RatingOutperform ➝ Peer Perform
11/26/2024Truist FinancialReiterated RatingBuy ➝ Hold$60.00 ➝ $52.50
11/26/2024Longbow ResearchReiterated RatingBuy ➝ Neutral
11/26/2024Loop CapitalReiterated RatingBuy ➝ Hold$54.00 ➝ $52.50
11/26/2024CitigroupReiterated RatingBuy ➝ Neutral$55.00 ➝ $52.50
11/25/2024JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Neutral$43.00 ➝ $52.50
11/25/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Sector Perform$54.00 ➝ $52.50
11/5/2024DA DavidsonBoost TargetNeutral ➝ Neutral$41.00 ➝ $47.00
11/1/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$53.00 ➝ $54.00
11/1/2024Loop CapitalBoost TargetBuy ➝ Buy$49.00 ➝ $54.00
11/1/2024Truist FinancialBoost TargetBuy ➝ Buy$47.00 ➝ $60.00
10/29/2024BarclaysUpgradeEqual Weight ➝ Overweight$45.00 ➝ $52.00
10/25/2024Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$45.00 ➝ $53.00
10/15/2024DA DavidsonReiterated RatingNeutral ➝ Neutral$41.00 ➝ $41.00
10/9/2024Jefferies Financial GroupLower TargetBuy ➝ Buy$58.00 ➝ $56.00
10/9/2024JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$47.00 ➝ $43.00
10/9/2024CitigroupLower TargetBuy ➝ Buy$47.00 ➝ $46.00
8/26/2024Morgan StanleyInitiated CoverageOverweight$51.00
8/8/2024CitigroupBoost TargetBuy ➝ Buy$44.00 ➝ $47.00
8/7/2024Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$45.00 ➝ $45.00
8/7/2024Truist FinancialLower TargetBuy ➝ Buy$53.00 ➝ $47.00
8/6/2024StephensReiterated RatingOverweight ➝ Overweight$47.00 ➝ $47.00
7/11/2024CitigroupLower TargetBuy ➝ Buy$51.00 ➝ $44.00
7/3/2024Stifel NicolausLower TargetBuy ➝ Buy$55.00 ➝ $47.00
5/15/2024Wolfe ResearchUpgradePeer Perform ➝ Outperform$49.00
5/3/2024StephensBoost TargetOverweight ➝ Overweight$47.00 ➝ $50.00
5/3/2024Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$44.00 ➝ $46.00
4/5/2024CitigroupBoost TargetBuy ➝ Buy$46.00 ➝ $51.00
4/2/2024Truist FinancialBoost TargetBuy ➝ Buy$50.00 ➝ $53.00
3/15/2024Truist FinancialBoost TargetBuy ➝ Buy$46.00 ➝ $50.00
3/14/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$43.00 ➝ $49.00
3/14/2024BarclaysBoost TargetEqual Weight ➝ Equal Weight$40.00 ➝ $45.00
3/14/2024Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$39.00 ➝ $44.00
2/23/2024JPMorgan Chase & Co.Initiated CoverageUnderweight ➝ Overweight$40.00 ➝ $47.00
2/16/2024Truist FinancialBoost TargetBuy ➝ Buy$43.00 ➝ $46.00
2/13/2024Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$38.00
2/13/2024StephensReiterated RatingOverweight ➝ Overweight$45.00
1/12/2024StephensReiterated RatingOverweight ➝ Overweight$45.00
1/12/2024Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$43.00 ➝ $38.00
10/24/2023Seaport Res PtnUpgradeNeutral ➝ Buy
9/12/2023Truist FinancialLower TargetBuy ➝ Buy$48.00 ➝ $43.00
9/8/2023Wolfe ResearchDowngradeOutperform ➝ Peer Perform
9/5/2023Truist FinancialReiterated RatingBuy ➝ Buy$48.00
8/24/2023JPMorgan Chase & Co.Boost TargetUnderweight ➝ Underweight$37.00 ➝ $40.00
8/7/2023Truist FinancialBoost TargetBuy ➝ Buy$40.00 ➝ $48.00
8/4/2023Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$36.00 ➝ $43.00
8/4/2023Loop CapitalBoost TargetBuy ➝ Buy$38.00 ➝ $44.00
8/4/2023StephensBoost TargetOverweight ➝ Overweight$36.00 ➝ $48.00
7/24/2023BNP ParibasDowngradeOutperform ➝ Neutral$38.00
7/14/2023Stifel NicolausBoost Target$42.00 ➝ $45.00
7/14/2023CitigroupBoost TargetBuy$35.00 ➝ $43.00
7/13/2023Jefferies Financial GroupBoost TargetBuy$37.00 ➝ $46.00
7/6/2023JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$32.00 ➝ $37.00
5/5/2023BarclaysBoost Target$28.00 ➝ $31.00
3/10/2023JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral
2/16/2023StephensReiterated RatingOverweight$37.00
2/10/2023Seaport Res PtnReiterated RatingNeutral
1/23/2023The Goldman Sachs GroupBoost TargetNeutral$25.00 ➝ $28.00
1/20/2023Morgan StanleyBoost TargetEqual Weight$30.00 ➝ $32.00
1/13/2023Truist FinancialInitiated CoverageBuy$40.00
1/10/2023CitigroupBoost Target$32.45 ➝ $36.00
12/19/2022Stifel NicolausLower TargetBuy$48.00 ➝ $45.00
12/14/2022Morgan StanleyBoost TargetEqual Weight$28.00 ➝ $30.00
12/8/2022JPMorgan Chase & Co.Lower Target$37.00 ➝ $34.00
11/8/2022CitigroupBoost TargetBuy$29.00 ➝ $33.00
10/14/2022The Goldman Sachs GroupLower TargetNeutral$28.50 ➝ $24.50
10/13/2022Morgan StanleyLower TargetEqual Weight$29.00 ➝ $28.00
10/12/2022DA DavidsonLower Target$33.00 ➝ $31.00
10/10/2022CitigroupLower TargetBuy$35.00 ➝ $29.00
10/3/2022Jefferies Financial GroupLower TargetBuy$38.00 ➝ $36.00
9/22/2022JPMorgan Chase & Co.Boost TargetOverweight$30.00 ➝ $37.00
8/15/2022CitigroupBoost Target$35.00
8/9/2022DA DavidsonBoost Target$33.00
8/9/2022CitigroupBoost Target$35.00
8/8/2022Morgan StanleyBoost TargetEqual Weight$27.00 ➝ $29.00
7/18/2022Morgan StanleyLower TargetEqual Weight$35.00 ➝ $27.00
7/14/2022Wolfe ResearchLower TargetOutperform$41.00 ➝ $28.00
7/1/2022DA DavidsonLower TargetNeutral$33.00 ➝ $26.00
6/23/2022The Goldman Sachs GroupLower TargetNeutral$34.00 ➝ $30.00
6/22/2022Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$33.00 ➝ $31.00
4/18/2022Morgan StanleyLower TargetEqual Weight$42.00 ➝ $41.00
2/25/2022Morgan StanleyLower TargetEqual Weight$45.00 ➝ $42.00
1/13/2022BarclaysBoost TargetEqual Weight$35.00 ➝ $40.00
12/9/2021Morgan StanleyBoost TargetEqual Weight$36.00 ➝ $45.00
11/5/2021Royal Bank of CanadaBoost TargetSector Perform$37.00 ➝ $40.00
10/27/2021Wolfe ResearchInitiated CoverageOutperform$45.00
10/26/2021CitigroupBoost TargetBuy$40.00 ➝ $41.00
10/18/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$37.00
10/13/2021Morgan StanleyBoost TargetEqual Weight$35.00 ➝ $36.00
8/9/2021DA DavidsonBoost TargetNeutral$30.00 ➝ $35.00
8/9/2021Morgan StanleyLower TargetEqual Weight$36.00 ➝ $35.00
8/6/2021Royal Bank of CanadaBoost TargetOutperform$36.00 ➝ $37.00
7/13/2021Morgan StanleyBoost TargetEqual Weight$33.00 ➝ $36.00
6/3/2021Loop CapitalBoost TargetBuy$37.00 ➝ $42.00
5/31/2021The Goldman Sachs GroupUpgradeSell ➝ Neutral$28.00 ➝ $35.00
5/26/2021JPMorgan Chase & Co.Boost TargetOverweight$27.00 ➝ $38.00
5/13/2021StephensBoost TargetOverweight$35.00 ➝ $37.00
5/12/2021Morgan StanleyBoost TargetEqual Weight$31.00 ➝ $33.00
5/12/2021BarclaysBoost TargetEqual Weight$22.00 ➝ $35.00
4/12/2021Morgan StanleyBoost TargetEqual Weight$29.00 ➝ $31.00
3/1/2021Morgan StanleyBoost TargetEqual Weight$25.00 ➝ $29.00
2/23/2021Morgan StanleyBoost TargetEqual Weight$24.00 ➝ $25.00
1/22/2021JPMorgan Chase & Co.Boost TargetOverweight$24.00 ➝ $27.00
1/22/2021Morgan StanleyBoost TargetEqual Weight$22.00 ➝ $24.00
1/6/2021StephensUpgradeEqual Weight ➝ Overweight$25.00
12/18/2020Morgan StanleyInitiated CoverageEqual Weight$22.00
12/8/2020UBS GroupInitiated CoverageSell$16.00
8/6/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$19.00 ➝ $20.00
7/23/2020Loop CapitalUpgradeHold ➝ Buy$23.00
7/22/2020CfraUpgradeBuy ➝ Strong-Buy
7/22/2020CitigroupBoost TargetBuy$19.00 ➝ $22.00
7/9/2020SunTrust BanksUpgradeHold ➝ Buy
5/5/2020SunTrust BanksLower TargetHold$18.00 ➝ $14.00
5/1/2020CitigroupBoost TargetBuy$17.00 ➝ $19.00
4/30/2020CfraLower TargetBuy$30.00 ➝ $22.00
4/30/2020Stifel NicolausBoost TargetBuy$19.00 ➝ $22.00
4/30/2020StephensDowngradeOverweight ➝ Equal Weight$18.00 ➝ $17.00
4/28/2020Longbow ResearchLower TargetOutperform ➝ Buy$29.00 ➝ $20.00
4/23/2020JPMorgan Chase & Co.Lower TargetNeutral$25.00 ➝ $12.50
4/22/2020DA DavidsonDowngradeBuy ➝ Neutral
4/17/2020Loop CapitalDowngradeBuy ➝ Hold$15.00
4/8/2020Royal Bank of CanadaReiterated RatingBuy$16.00
3/25/2020Berenberg BankUpgradeHold ➝ Buy$20.00
3/25/2020Deutsche Bank AktiengesellschaftLower TargetBuy$34.00 ➝ $22.00
3/19/2020The Goldman Sachs GroupLower TargetSell$22.00 ➝ $16.00
3/18/2020Royal Bank of CanadaReiterated RatingBuy$20.00
3/9/2020SunTrust BanksDowngradeHold$18.00
2/10/2020StephensBoost TargetOverweight$29.00 ➝ $30.00
1/13/2020The Goldman Sachs GroupDowngradeNeutral ➝ Sell$24.00 ➝ $22.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.81 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 17 very positive mentions
  • 18 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
5/24/2024
  • 17 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 7 very positive mentions
  • 4 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 12 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 16 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
9/21/2024
  • 17 very positive mentions
  • 11 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 15 very positive mentions
  • 23 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024
  • 27 very positive mentions
  • 28 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2024

Current Sentiment

  • 27 very positive mentions
  • 28 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Summit Materials logo
Summit Materials, Inc. is a vertically integrated construction materials company, which engages in manufacturing construction materials and related downstream products. It operates through the following segments: West, East, and Cement. The West segment includes operations in Texas, Utah, Arizona, Colorado, Idaho, Wyoming, Oklahoma, Arkansas and British Columbia, Canada. The East segments refers to its East and Central regions and serves markets extending across the Midwestern and Eastern United States. The Cement segment is involved in Hannibal, Missouri and Davenport, Iowa cement plants, and distribution terminals along the Mississippi River from Minnesota to Louisiana. The company was founded by Thomas W. Hill on September 23, 2014 and is headquartered in Denver, CO.
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Today's Range

Now: $50.50
Low: $50.35
High: $50.74

50 Day Range

MA: $48.02
Low: $38.89
High: $51.64

52 Week Range

Now: $50.50
Low: $34.38
High: $53.49

Volume

4,137,398 shs

Average Volume

1,461,711 shs

Market Capitalization

$8.87 billion

P/E Ratio

61.59

Dividend Yield

N/A

Beta

1.14

Frequently Asked Questions

What sell-side analysts currently cover shares of Summit Materials?

The following Wall Street sell-side analysts have issued reports on Summit Materials in the last year: Barclays PLC, Citigroup Inc., DA Davidson, Jefferies Financial Group Inc., JPMorgan Chase & Co., Longbow Research, Loop Capital, Morgan Stanley, Royal Bank of Canada, Stephens, Stifel Nicolaus, StockNews.com, The Goldman Sachs Group, Inc., Truist Financial Co., and Wolfe Research.
View the latest analyst ratings for SUM.

What is the current price target for Summit Materials?

0 Wall Street analysts have set twelve-month price targets for Summit Materials in the last year. Their average twelve-month price target is $50.54, suggesting a possible upside of 0.1%. JPMorgan Chase & Co. has the highest price target set, predicting SUM will reach $52.50 in the next twelve months. Stifel Nicolaus has the lowest price target set, forecasting a price of $47.00 for Summit Materials in the next year.
View the latest price targets for SUM.

What is the current consensus analyst rating for Summit Materials?

Summit Materials currently has 10 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SUM, but not buy more shares or sell existing shares.
View the latest ratings for SUM.

What other companies compete with Summit Materials?

Other companies that are similar to Summit Materials include Cameco, Teck Resources, Sociedad Química y Minera de Chile, Knife River and NexGen Energy. Learn More about companies similar to Summit Materials.

How do I contact Summit Materials' investor relations team?

Summit Materials' physical mailing address is 1550 Wynkoop Street 3rd Floor, Denver CO, 80202. The construction company's listed phone number is (303) 893-0012 and its investor relations email address is [email protected]. The official website for Summit Materials is www.summit-materials.com. Learn More about contacing Summit Materials investor relations.