Simpson Manufacturing Co (SSD) Receives a Hold from D.A. Davidson

D.A. Davidson analyst Kurt Yinger maintained a Hold rating on Simpson Manufacturing Co today and set a price target of $190.00. The company’s shares closed yesterday at $176.54.

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According to TipRanks, Yinger is a 4-star analyst with an average return of 15.8% and a 57.14% success rate. Yinger covers the Industrials sector, focusing on stocks such as Bluelinx Holdings, Louisiana-Pacific, and Trex Company.

Simpson Manufacturing Co has an analyst consensus of Moderate Buy, with a price target consensus of $202.00.

The company has a one-year high of $197.82 and a one-year low of $137.35. Currently, Simpson Manufacturing Co has an average volume of 296K.

Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SSD in relation to earlier this year. Last month, Michael Andersen, the EVP, Europe of SSD sold 1,000.00 shares for a total of $196,130.00.