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Installed Building Products (IBP) Stock Forecast & Price Target

Installed Building Products logo
$217.09 +5.85 (+2.77%)
(As of 11/22/2024 ET)

Installed Building Products - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
4
Buy
5

Based on 10 Wall Street analysts who have issued ratings for Installed Building Products in the last 12 months, the stock has a consensus rating of "Hold." Out of the 10 analysts, 1 has given a sell rating, 4 have given a hold rating, and 5 have given a buy rating for IBP.

Consensus Price Target

$253.70
16.86% Upside
According to the 10 analysts' twelve-month price targets for Installed Building Products, the average price target is $253.70. The highest price target for IBP is $295.00, while the lowest price target for IBP is $197.00. The average price target represents a forecasted upside of 16.86% from the current price of $217.09.
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IBP Analyst Ratings Over Time

TypeCurrent Forecast
11/24/23 to 11/23/24
1 Month Ago
10/25/23 to 10/24/24
3 Months Ago
8/26/23 to 8/25/24
1 Year Ago
11/24/22 to 11/24/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
6 Buy rating(s)
Hold
4 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$253.70$254.40$255.20$156.33
Forecasted Upside16.86% Upside10.39% Upside9.86% Upside6.89% Upside
Consensus Rating
Hold
Moderate Buy
Moderate Buy
Moderate Buy

IBP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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IBP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Installed Building Products Stock vs. The Competition

TypeInstalled Building ProductsConstruction CompaniesS&P 500
Consensus Rating Score
2.40
2.62
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside16.86% Upside8.45% Upside7.66% Upside
News Sentiment Rating
Positive News

See Recent IBP News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/22/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$236.00 ➝ $241.00+13.08%
11/8/2024DA Davidson
3 of 5 stars
 Lower TargetBuy ➝ Buy$275.00 ➝ $260.00+21.75%
11/8/2024Royal Bank of Canada
4 of 5 stars
M. Dahl
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DowngradeSector Perform ➝ Underperform$203.00 ➝ $197.00-9.23%
10/16/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$271.00 ➝ $272.00+5.65%
10/9/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$240.00 ➝ $252.00+5.02%
8/5/2024Stephens
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 Reiterated RatingEqual Weight ➝ Equal Weight$240.00 ➝ $240.00+4.25%
8/2/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$260.00 ➝ $295.00+27.67%
8/2/2024Truist Financial
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 Boost TargetHold ➝ Hold$235.00 ➝ $240.00+1.75%
5/14/2024Benchmark
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 Boost TargetBuy ➝ Buy$250.00 ➝ $270.00+17.36%
5/10/2024Loop Capital
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 Boost TargetBuy ➝ Buy$250.00 ➝ $270.00+15.56%
8/1/2023Seaport Res Ptn
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K. Zener
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Reiterated RatingBuy
5/3/2023BTIG Research
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 Initiated CoverageNeutral
1/10/2023Deutsche Bank Aktiengesellschaft
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 UpgradeHold ➝ Buy$90.00 ➝ $124.00+33.71%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:48 PM ET.


IBP Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Installed Building Products is $253.70, with a high forecast of $295.00 and a low forecast of $197.00.

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Installed Building Products in the last twelve months. There is currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" IBP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IBP, but not buy additional shares or sell existing shares.

According to analysts, Installed Building Products's stock has a predicted upside of 16.86% based on their 12-month stock forecasts.

Over the previous 90 days, Installed Building Products's stock had 1 downgrade by analysts.

Installed Building Products has been rated by research analysts at DA Davidson, Evercore ISI, Jefferies Financial Group, JPMorgan Chase & Co., and Royal Bank of Canada in the past 90 days.

Analysts like Installed Building Products less than other "construction" companies. The consensus rating for Installed Building Products is Hold while the average consensus rating for "construction" companies is Moderate Buy. Learn more on how IBP compares to other companies.


This page (NYSE:IBP) was last updated on 11/23/2024 by MarketBeat.com Staff
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