UFP Industries Inc (NYSE: UFPI) shares recently surpassed the average analyst 12-month target price of $91.17, trading at $91.42 per share. This milestone has prompted analysts to reassess their valuations, with one target as low as $82 and another as high as $97. The average price target is based on contributions from six analysts and carries a standard deviation of $6.145.
Currently, there are four strong buy ratings and two hold ratings, with no buy, sell, or strong sell ratings reported. The average rating across analysts stands at 1.67 on a scale where 1 represents strong buy and 5 represents strong sell. Investors are encouraged to evaluate whether the price could rise further or if a profit-taking strategy is warranted as the stock crosses above the consensus target.
