An analyst from Truist has adjusted the price target for Boise Cascade (BCC, Financial) from $134 to $118, reflecting recent market dynamics. Despite this reduction, the company maintains a Buy rating, indicating continued confidence in the stock's potential.
This revision comes amidst a broader contraction in valuation multiples for firms under Truist's coverage. The financial community is increasingly cautious due to the implications of potential tariffs and a possible recession driven by weakening consumer demand.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Boise Cascade Co (BCC, Financial) is $121.83 with a high estimate of $135.00 and a low estimate of $103.00. The average target implies an upside of 34.18% from the current price of $90.80. More detailed estimate data can be found on the Boise Cascade Co (BCC) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Boise Cascade Co's (BCC, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Boise Cascade Co (BCC, Financial) in one year is $93.93, suggesting a upside of 3.45% from the current price of $90.8. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Boise Cascade Co (BCC) Summary page.
