Bluelinx Holdings Inc. with ticker code (BXC) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 110 and 102 with a mean TP of 105.25. Given that the stocks previous close was at 86.39 this now indicates there is a potential upside of 21.8%. The 50 day MA is 81.06 and the 200 moving average now moves to 61.01. The company has a market capitalisation of $848m. You can visit the company’s website by visiting: https://www.bluelinxco.com
The potential market cap would be $1,033m based on the market concensus.
BlueLinx Holdings Inc., together with its subsidiaries, distributes residential and commercial building products in the United States. It distributes structural products, including plywood, oriented strand board, rebar and remesh, lumber, spruce, and other wood products primarily that are used for structural support and walls in construction projects; and specialty products comprising engineered wood, moulding, siding and trim, cedar, metal, and insulation products. The company also provides a range of value-added services and solutions to its customers and suppliers. It serves dealers, specialty distributors, national home centers, and manufactured housing customers through a network of distribution centers. The company is headquartered in Marietta, Georgia.