Quanex Building Products Corpor – Consensus Indicates Potential 38.6% Upside

Broker Ratings
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Quanex Building Products Corpor with ticker code (NX) now have 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 35 and 29 and has a mean target at 32.5. With the stocks previous close at 23.45 this indicates there is a potential upside of 38.6%. The day 50 moving average is 22.77 and the 200 day moving average is 23.13. The market cap for the company is $792m. Company Website: https://www.quanex.com

The potential market cap would be $1,098m based on the market concensus.

Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry in the United States, Europe, Canada, Asia, and internationally. The company operates through three segments: North American Fenestration, European Fenestration, and North American Cabinet Components. It offers flexible insulating glass spacers, extruded vinyl profiles, window and door screens, and precision-formed metal and wood products, as well as cabinet doors and other components for original equipment manufacturers (OEMs) in the kitchen and bathroom cabinet industry. The company also provides various non-fenestration components and products, luding solar panel sealants, trim moldings, vinyl decking, fencing, water retention barriers, and conservatory roof components. It sells its products to OEMs in the building products industry through sales representatives, direct sales force, distributors, and independent sales agents. The company was founded in 1927 and is based in Houston, Texas.

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