Beacon Roofing Supply (NASDAQ:BECN) Downgraded to “Sell” at BidaskClub

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HERNDON, Va., Sep 18, 2017 (BUSINESS WIRE) — Beacon Roofing Supply, Inc. BECN, +0.49% (“Beacon”) announced today that it is offering to sell, subject to market and other conditions, $300.0 million in.

Beacon Roofing Supply, Inc. (NASDAQ: BECN) saw its stock sell off more than 10 percent in reaction to a notable earnings miss in its fiscal second quarter JPMorgan’s Michael Rehaut downgraded Beacon Roofing Supply from Overweight to Neutral with a price target lowered from $63 to $53.

beacon roofing supply (nasdaq:becn) was downgraded by equities researchers at BidaskClub from a "buy" rating to a "hold" rating in a report issued on Friday, BidAskClub reports. Several other equities analysts have also recently issued reports on the stock. valuengine cut shares of Beacon Roofing Supply from a "sell" rating to a "strong sell.

ArQule (NASDAQ:ARQL) was downgraded by analysts at BidaskClub from a buy rating to a hold rating. Ascendis Pharma A/S (NASDAQ:ASND) was downgraded by analysts at BidaskClub from a strong-buy rating to a buy rating. Beacon Roofing Supply (NASDAQ:BECN) was downgraded by analysts at BidaskClub from a hold rating to a sell rating.

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Beacon Roofing Gets Blown Away by Earnings and Analysts. Posted: August 8, 2018 at 10:45 am. Beacon Roofing Supply Inc. (NASDAQ: BECN) is considered to be one of the losers of earnings Stocks were indicated to open higher on Friday after a light sell-off on Thursday. It is important to.

BidaskClub upgraded shares of beacon roofing supply (NASDAQ:BECN) from a sell rating to a hold rating in a research report released on Thursday morning, BidAskClub reports. A number of other equities research analysts also recently issued reports on the stock. ValuEngine downgraded shares of Beacon Roofing Supply from a sell rating to a strong sell [.]

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Option Chain for Beacon Roofing Supply, Inc. (BECN). Ask "Ask" is the quoted ask, or the lowest price an investor will accept to sell a stock. In trading, we have the bid-ask spread which is the difference between what buyers are willing to pay and what sellers.

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Jennison Associates LLC reduced its position in Beacon Roofing Supply, Inc. (NASDAQ:BECN) by 10.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,591,588 shares of the company’s stock after selling 307,273 shares during the period.

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