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

Tipranks - Tipranks - Tue Jan 6, 8:00AM CST

In a report released today, George Staphos from Bank of America Securities maintained a Sell rating on Boise Cascade, with a price target of $81.00.

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Staphos covers the Consumer Cyclical sector, focusing on stocks such as Packaging, Graphic Packaging, and International Paper Co. According to TipRanks, Staphos has an average return of 4.1% and a 51.44% success rate on recommended stocks.

Boise Cascade has an analyst consensus of Moderate Buy, with a price target consensus of $89.50.

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Based on Boise Cascade’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.67 billion and a net profit of $21.77 million. In comparison, last year the company earned a revenue of $1.71 billion and had a net profit of $91.04 million

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