Summit Materials, Inc. (SUM) Trades at $31.10 After Triangle; 8 Analysts Covering Whitecap Resources Inc. (TSE:WCP)

Summit Materials, Inc. (SUM) formed triangle with $29.86 target or 4.00% below today’s $31.10 share price. Summit Materials, Inc. (SUM) has $3.54 billion valuation. The stock decreased 0.03% or $0.01 during the last trading session, reaching $31.1. About 604,149 shares traded. Summit Materials, Inc. (NYSE:SUM) has risen 29.53% since January 21, 2017 and is uptrending. It has outperformed by 12.83% the S&P500.

Among 9 analysts covering Whitecap Resources Inc. (TSE:WCP), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Whitecap Resources Inc. had 35 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was initiated by IBC on Friday, July 8 with “Outperform”. TD Securities maintained the stock with “Buy” rating in Wednesday, March 8 report. The stock of Whitecap Resources Inc. (TSE:WCP) has “Outperform” rating given on Friday, January 6 by Scotia Capital. The firm has “Buy” rating by TD Securities given on Thursday, November 3. Raymond James maintained the stock with “” rating in Monday, June 6 report. The rating was maintained by Needham on Friday, December 15 with “Outperform”. The company was downgraded on Wednesday, January 20 by Barclays Capital. The rating was maintained by Scotia Capital on Thursday, November 3 with “Outperform”. The rating was initiated by BMO Capital Markets with “Outperform” on Thursday, January 14. The rating was maintained by IBC with “Outperform” on Tuesday, December 5. See Whitecap Resources Inc. (TSE:WCP) latest ratings:

15/12/2017 Broker: Needham Rating: Outperform New Target: $13.00 Maintain
05/12/2017 Broker: BMO Capital Markets Rating: Outperform Old Target: $12.50 New Target: $13.00 Target Up
05/12/2017 Broker: IBC Rating: Outperform New Target: $12.50 Maintain
05/12/2017 Broker: TD Securities Rating: Buy Old Target: $12.00 New Target: $13.00 Target Up
13/10/2017 Broker: National Bank Canada Rating: Outperform Old Target: $12.00 New Target: $11.50 Target Down

Whitecap Resources Inc. acquires, explores for, develops, and produces natural gas and crude oil properties in the Western Canada Sedimentary Basin. The company has market cap of $3.53 billion. The Company’s principal properties are located in West Central Alberta, Southwest Saskatchewan, Northwest Alberta and British Columbia, and West Central Saskatchewan. It has a 11.91 P/E ratio. As of December 31, 2016, the firm had 4,260 net wells.

The stock decreased 1.14% or $0.11 during the last trading session, reaching $9.53. About 1.62 million shares traded or 0.44% up from the average. Whitecap Resources Inc. (TSE:WCP) has 0.00% since January 21, 2017 and is . It has underperformed by 16.70% the S&P500.