Simpson Manufacturing Company, with ticker code (SSD) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 152 and 138 with the average target price sitting at 143.75. Given that the stocks previous close was at 116.8 this would imply there is a potential upside of 23.1%. The 50 day MA is 125.6 and the 200 day moving average is 115.64. The market capitalisation for the company is $5,043m. Visit the company website at: https://www.simpsonmfg.com
The potential market cap would be $6,207m based on the market concensus.
Simpson Manufacturing Co., through its subsidiaries, designs, engineers, manufactures, and sells wood and concrete building construction products. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners, shearwalls, and pre-fabricated lateral systems that are used in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, protection, and strengthening applications. It also provides connectors and lateral products for wood framing, timber and offsite construction, mid-rise steel construction, and cold formed steel applications; and mechanical and adhesive anchors for concrete and masonry construction applications. In addition, the company offers engineering and design services, as well as software solutions that facilitates the specification, selection, and use of its products. It markets its products to the residential construction, light industrial and commercial construction, remodeling, and do-it-yourself markets in the United States, Canada, France, the United Kingdom, Germany, Denmark, Switzerland, Portugal, Poland, the Netherlands, Belgium, Spain, Sweden, Norway, Australia, New Zealand, China, Taiwan, and Vietnam. Simpson Manufacturing Co. was founded in 1956 and is headquartered in Pleasanton, California.
