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Stock impact report

Wall Street Analysts See Builders FirstSource (BLDR) as a Buy: Should You Invest? [Yahoo! Finance]

Builders FirstSource, Inc. (BLDR) 
Last builders firstsource, inc. earnings: 4/30 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.bldr.com
Company Research Source: Yahoo! Finance
While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Builders FirstSource (BLDR) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Builders FirstSource currently has an average brokerage recommendation (ABR) of 1.53, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 19 brokerage firms. An ABR of 1.53 approximates between Strong Buy and Buy. Of the 19 recommendations that derive the current ABR, 13 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 68.4% and 10.5% of all recommendations. Check price target & stock forecast for Builders FirstSource here While the ABR calls for buying Builders FirstSource, it may not be wise to make an investment decision Show less Read more
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