Installed Building Products Inc (NYSE: IBP) stock enjoyed a major increase of 10.7% on 11/14/23. The shares closed at $139.28. The stock has been exceptionally strong relative to the market over the last nine months and has risen 13.7% during the last week.
Current PriceTarget Research Rating
IBP is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Installed Building Products has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Installed Building Products has a slightly positive Appreciation Score of 66 and a very high Power Rating of 95, triggering the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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