Simpson Manufacturing Company, – Consensus indicates upside potential of 35.1%

Simpson Manufacturing Company, with ticker code (SSD) now have 4 analysts covering the stock with the consensus suggesting a buy rating. The range between the high target price and the low target price is between 152 and 123, with the middle target price at 141.25. Given that the stock’s previous close was at 104.56, this indicates that there is 35.1% upside potential. The 50-day moving average is 102.91 while the 200-day moving average is 113.96. The market cap of the company is $4,483 million. More information at: https://www.simpsonmfg.com

The potential market capitalization would be $6,057 million based on market consensus.

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Simpson Manufacturing Co., through its subsidiaries, designs, engineers, manufactures and sells wood and concrete building products. The Company offers wood building products, including connectors, truss plates, fastening systems, fasteners and shear walls, as well as pre-engineered lateral systems for use in light frame construction; and concrete construction products including adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder-actuated tools, fiber-reinforced materials and other repair products for use in concrete construction concrete, masonry and steel, and grouts, coatings, sealants, mortars, fiberglass and fiber reinforced polymer systems, and asphalt products for the repair of concrete construction, and reinforcing products and protection. It also provides connectors and lateral products for timber framing, timber and offsite construction, structural steel construction and cold-formed steel applications; and mechanical and adhesive anchors for concrete and masonry construction applications. In addition, the company offers engineering and design services, as well as software solutions that facilitate the specification, selection and use of its products. It markets its products in the residential construction, light industrial and commercial construction, renovation and DIY markets in the United States, Canada, France, United Kingdom, Germany, Denmark, Switzerland , in Portugal, Poland, the Netherlands, Belgium, Spain, Sweden, Norway, Australia, New Zealand, China, Taiwan and Vietnam. The company was founded in 1956 and is based in Pleasanton, California.