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Research analysts at Barclays boosted their price target on shares of Stock Building Supply Holdings (NASDAQ:STCK) from $19.00 to $23.00 in a report released on Wednesday. Barclays’ price target indicates a potential upside of 11.11% from the stock’s previous close.

Shares of Stock Building Supply Holdings (NASDAQ:STCK) opened at 20.70 on Wednesday. Stock Building Supply Holdings has a one year low of $12.45 and a one year high of $23.33. The stock’s 50-day moving average is $19.43 and its 200-day moving average is $19.01. The company’s market cap is $540.5 million.

Stock Building Supply Holdings (NASDAQ:STCK) last announced its earnings results on Tuesday, April 29th. The company reported ($0.13) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.06) by $0.07. The company had revenue of $280.00 million for the quarter, compared to the consensus estimate of $276.13 million. The company’s quarterly revenue was up 12.6% on a year-over-year basis. Analysts expect that Stock Building Supply Holdings will post $0.74 EPS for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Robert W. Baird cut their price target on shares of Stock Building Supply Holdings from $22.00 to $20.00 in a research note on Wednesday, April 30th. Separately, analysts at Zacks downgraded shares of Stock Building Supply Holdings from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 29th. They now have a $21.90 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “hold” rating on shares of Stock Building Supply Holdings in a research note on Wednesday, April 23rd. They now have a $19.50 price target on the stock. Four investment analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and an average price target of $21.10.

Stock Building Supply Holdings, Inc is a diversified lumber and building materials (NASDAQ:STCK) distributor and solutions provider that sells to new construction and repair and remodel contractors.

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