Seaport Global analyst Kenneth Zener maintained a Buy rating on Installed Building Products (IBP – Research Report) today and set a price target of $260.00. The company’s shares closed yesterday at $236.78.
According to TipRanks, Zener is ranked #415 out of 8801 analysts.
In addition to Seaport Global, Installed Building Products also received a Buy from D.A. Davidson’s Kurt Yinger in a report issued today. However, on the same day, Truist Financial maintained a Hold rating on Installed Building Products (NYSE: IBP).
The company has a one-year high of $263.76 and a one-year low of $101.93. Currently, Installed Building Products has an average volume of 281.1K.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IBP in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Installed Building Products (IBP) Company Description:
Installed Building Products, Inc. engages in the business of installing insulation for the residential new construction market. Its products include garage doors, rain gutters, shower doors, closet shelving, and mirrors. The company was founded in 1977 and is headquartered in Columbus, OH.
Read More on IBP:
