Quanex Building Products Corpor – Consensus Indicates Potential 45.5% Upside

Broker Ratings
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Quanex Building Products Corpor found using ticker (NX) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 35 and 29 calculating the mean target price we have 32.5. Now with the previous closing price of 22.33 this would imply there is a potential upside of 45.5%. The 50 day MA is 22.6 and the 200 moving average now moves to 23.02. The company has a market capitalisation of $739m. You can visit the company’s website by visiting: https://www.quanex.com

The potential market cap would be $1,076m 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, including 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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