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Barclays Stick to Their Hold Rating for Cornerstone Building Brands Inc

Published 10/08/2021, 09:15 PM
Updated 10/08/2021, 09:15 PM


Barclays (LON:BARC) analyst Matthew Bouley maintained a Hold rating on Cornerstone Building Brands (NYSE:CNR) Inc on Thursday, setting a price target of $16, which is approximately 12.52% above the present share price of $14.22.

Bouley expects Cornerstone Building Brands Inc to post earnings per share (EPS) of $0.07 for the fourth quarter of 2021.

The current consensus among 1 TipRanks analysts is for a Hold rating of shares in Cornerstone Building Brands, with an average price target of $16.
The analysts price targets range from a high of $16 to a low of $16.

In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.4 billion and a net profit of $101.4 million. The company's market cap is $1.79 billion.

According to TipRanks.com, Barclays analyst Matthew Bouley is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.4% and a 65.24% success rate.

Cornerstone Building Brands, Inc. engages in the designing, engineering, manufacturing and marketing external building products for the commercial, residential, and repair & remodel construction industries. It operates through the following segments: Commercial, Siding, and Windows. The Commercial segment manufactures and distributes lines of metal products for the nonresidential construction markets. It also provides metal coil coating services for commercial and construction applications. The Siding segment engages in the manufacture of vinyl siding & skirting, steel siding, vinyl & aluminum soffit, aluminum trim coil, aluminum gutter coil, aluminum gutters, aluminum and steel roofing accessories. The Windows segment engages in the manufacture of vinyl, aluminum-clad vinyl, aluminum, wood and clad-wood windows and patio doors and steel, wood, and fiberglass entry doors. The company was founded by Johnie Schulte in 1984 and is headquartered in Cary, NC.

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