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Bank of America Securities Reaffirms Their Sell Rating on Boise Cascade (BCC)

Tipranks - Tipranks - Tue Apr 7, 6:10AM CDT

In a report released yesterday, George Staphos from Bank of America Securities maintained a Sell rating on Boise Cascade, with a price target of $80.00.

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Staphos covers the Consumer Cyclical sector, focusing on stocks such as International Paper Co, Sonoco Products, and Avery Dennison. According to TipRanks, Staphos has an average return of 3.7% and a 48.97% success rate on recommended stocks.

Currently, the analyst consensus on Boise Cascade is a Moderate Buy with an average price target of $94.40.

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Based on Boise Cascade’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.46 billion and a net profit of $8.73 million. In comparison, last year the company earned a revenue of $1.57 billion and had a net profit of $68.9 million

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