Beacon Roofing has locations in 37 states and five Canadian provinces.
(Istockphoto.Com)
MASS. MOVERS
Beacon Roofing Supply Inc. was rated a new “outperform’’ at Raymond James Financial Inc., which cited continued demand for reroofing because of past storms. Raymond James equity analyst Samuel Darkatsh also set a 12-month target price of $20 per share when he initiated covered of the Peabody-based company. Beacon Roofing Supply distributes roofing materials as well as other building materials in the United States and Canada.
© Copyright 2011 Globe Newspaper Company.
