Bluelinx Holdings Inc. with ticker code (BXC) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 138 and 125 with the average target price sitting at 131.25. Given that the stocks previous close was at 71.08 this would imply there is a potential upside of 84.7%. The 50 day MA is 77.83 and the 200 day moving average is 74.38. The market capitalisation for the company is $701m. Company Website: https://www.bluelinxco.com
The potential market cap would be $1,294m 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.