Beacon Roofing (NASDAQ:BECN) could see other takeover offers after QXO Inc. (QXO) disclosed its $124.25 a share offer this week, a bid that Beacon has rejected, according to a Stifel analyst. "We ...
JPMorgan Chase & Co. raised their target price on Beacon Roofing Supply from $119.00 to $136.00 and gave the company an “overweight” rating in a report on Tuesday, November 19th.
1 Day BECN 1.15% DJIA 0.78% S&P 500 1.00% Retail/Wholesale -0.08% ...
On Thursday, Truist Securities maintained a Hold rating and a $95.00 price target on Beacon Roofing Supply (NASDAQ:BECN) stock, despite a significant acquisition offer from QXO. According to ...
The stock performance of Beacon Roofing Supply and QXO's offer have attracted notice as QXO aims to penetrate the $800 billion construction goods distribution sector. According to QXO, the ...
Beacon Roofing Supply (BECN) has received a new Buy rating, initiated by Stifel Nicolaus analyst, W. Andrew Carter. Discover outperforming stocks and invest smarter with Top Smart Score Stocks ...
Shares of Beacon Roofing Supply surged to an all-time high after rejecting an acquisition offer from building-products distribution company QXO. The stock was trading 8.9% higher, at $118.53 ...
Beacon Roofing Supply rejected an unsolicited takeover offer from QXO. The roofing materials distributor Wednesday said its board, which unanimously rejected the proposal, determined the offer ...
The buyer is offering to buy the local company for $11 billion in cash. A Connecticut building products company is attempting a hostile takeover of Herndon's Beacon Roofing Supply Inc. (NASDAQ ...
Update 1pm: Adds Beacon response. "QXO has proposed to acquire Beacon for $124.25 in cash per share, a compelling price for your shareholders that delivers a significant, immediate premium," QXO ...