Bluelinx Holdings Inc. found using ticker (BXC) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 138 and 125 and has a mean target at 131.25. Now with the previous closing price of 85.09 this is indicating there is a potential upside of 54.2%. The 50 day moving average now sits at 76.71 and the 200 day MA is 72.08. The market capitalisation for the company is $843m. Visit the company website at: https://www.bluelinxco.com
The potential market cap would be $1,300m based on the market concensus.
BlueLinx Holdings Inc., together with its subsidiaries, distributes residential and commercial building products in the United States. The company distributes specialty products comprising engineered wood, industrial products, cedar, moulding, siding, metal, and insulation products; and structural products include lumber, plywood, oriented strand boards, rebars and remesh, spruce, and other wood products primarily that are used for structural support in construction projects. It also provides various value-added services and solutions to customers and suppliers. The company serves dealers, specialty distributors, national home centers, and manufactured housing customers through a network of distribution centers. BlueLinx Holdings Inc. was incorporated in 2004 and is headquartered in Marietta, Georgia.