South32 Limited (LON:S32) Investors: Deutsche Bank Maintains “Sell” Rating, Sees GBX 170.00/Share; Shorts at Beacon Roofing Supply (BECN) Raised By 2.31%

December 7, 2017 - By Linda Rogers

Deutsche Bank currently has a GBX 170.00 target price per share on the 10.10B GBP market cap company or -5.42% downside potential. In a research report revealed to investors on Thursday, 7 December, South32 Limited (LON:S32) stock had its “Sell” Rating reiterated by analysts at Deutsche Bank.

Beacon Roofing Supply Incorporated (NASDAQ:BECN) had an increase of 2.31% in short interest. BECN’s SI was 2.87M shares in December as released by FINRA. Its up 2.31% from 2.81 million shares previously. With 661,900 avg volume, 4 days are for Beacon Roofing Supply Incorporated (NASDAQ:BECN)’s short sellers to cover BECN’s short positions. The SI to Beacon Roofing Supply Incorporated’s float is 4.79%. The stock decreased 0.93% or $0.58 during the last trading session, reaching $61.83. About 575,908 shares traded. Beacon Roofing Supply, Inc. (NASDAQ:BECN) has risen 17.34% since December 7, 2016 and is uptrending. It has outperformed by 0.64% the S&P500.

Among 16 analysts covering Beacon Roofing Supply (NASDAQ:BECN), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Beacon Roofing Supply had 40 analyst reports since July 28, 2015 according to SRatingsIntel. As per Monday, June 19, the company rating was maintained by RBC Capital Markets. The stock has “Buy” rating by Jefferies on Wednesday, October 11. The firm has “Buy” rating by CL King given on Wednesday, July 29. On Friday, June 10 the stock rating was upgraded by BB&T Capital to “Buy”. RBC Capital Markets maintained it with “Buy” rating and $53.0 target in Monday, October 9 report. RBC Capital Markets maintained the shares of BECN in report on Monday, February 8 with “Sector Perform” rating. KeyBanc Capital Markets maintained Beacon Roofing Supply, Inc. (NASDAQ:BECN) on Thursday, October 12 with “Buy” rating. The stock of Beacon Roofing Supply, Inc. (NASDAQ:BECN) has “Buy” rating given on Monday, October 2 by SunTrust. As per Wednesday, September 7, the company rating was initiated by Wedbush. RBC Capital Markets maintained Beacon Roofing Supply, Inc. (NASDAQ:BECN) on Monday, July 24 with “Buy” rating.

Investors sentiment increased to 0.99 in Q2 2017. Its up 0.17, from 0.82 in 2017Q1. It increased, as 19 investors sold Beacon Roofing Supply, Inc. shares while 68 reduced holdings. 17 funds opened positions while 69 raised stakes. 59.31 million shares or 0.98% less from 59.89 million shares in 2017Q1 were reported. Wells Fargo And Mn stated it has 661,687 shares or 0.01% of all its holdings. Indexiq Advsrs, a New York-based fund reported 9,640 shares. Hood River Cap Management Ltd Liability invested 1.34% of its portfolio in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Brant Point Mgmt Ltd Co has 71,790 shares for 0.43% of their portfolio. Franklin reported 753,212 shares stake. Sg Americas Secs Llc reported 0% stake. 96,100 are held by Strs Ohio. Tudor Corp Et Al has invested 0.3% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Clarivest Asset Management Limited holds 0.04% or 31,074 shares in its portfolio. 160,000 were reported by Utd Svcs Automobile Association. Dorsey & Whitney Limited Company has invested 0.04% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Bankshares Of America Corporation De holds 0% of its portfolio in Beacon Roofing Supply, Inc. (NASDAQ:BECN) for 316,886 shares. First Tru Advsrs L P holds 36,137 shares or 0% of its portfolio. Aperio Grp Limited Liability Company invested 0% of its portfolio in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Ironwood Mngmt Ltd Limited Liability Company holds 1.02% or 28,737 shares in its portfolio.

Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and other complementary building materials to contractors, home builders, retailers, and building materials suppliers. The company has market cap of $4.19 billion. The companyÂ’s residential roofing products include asphalt shingles, synthetic slates and tiles, clay and concrete tiles, slates, nail base insulations, metal roofing, felts, synthetic underlayment, wood shingles and shakes, nails and fasteners, metal edgings and flashings, prefabricated flashings, ridges and soffit vents, and other accessories. It has a 36.72 P/E ratio. The Company’s non-residential roofing products comprise single-ply roofing, asphalt, metal, modified bitumen, and build-up roofing products; cements and coatings; flat stock and tapered insulations; commercial fasteners; metal edges and flashings; smoke/roof hatches; roofing tools; sheet metal products, including copper, aluminum, and steel; and PVC, thermoplastic olefin, and ethylene propylene diene monomer membrane products.

South32 Limited operates as a diversified metals and mining firm primarily in Australia, Southern Africa, and South America. The company has market cap of 10.10 billion GBP. The firm has a portfolio of assets producing alumina, aluminum, bauxite, energy and metallurgical coal, manganese ore and alloy, ferronickel, silver, lead, and zinc. It has a 7.86 P/E ratio. It also exports its products.

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