Western Asset/Claymore Inflation-Linked Securities & Income Fund (WIA) Forms $11.87 Double Top; 10 Analysts Are Bullish Summit Materials, Inc. (SUM) Last Week

Among 13 analysts covering Summit Materials (NYSE:SUM), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Summit Materials had 34 analyst reports since August 17, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Goldman Sachs on Tuesday, October 11. The rating was maintained by RBC Capital Markets on Friday, August 28 with “Buy”. Barclays Capital maintained the shares of SUM in report on Tuesday, March 22 with “Equal-Weight” rating. On Friday, October 6 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock has “Outperform” rating by RBC Capital Markets on Thursday, November 3. The rating was initiated by Barclays Capital on Tuesday, December 12 with “Hold”. The stock has “Buy” rating by Citigroup on Thursday, January 25. Goldman Sachs upgraded the stock to “Buy” rating in Friday, October 2 report. The company was maintained on Monday, April 3 by Cleveland. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, September 6. See Summit Materials, Inc. (NYSE:SUM) latest ratings:

25/01/2018 Broker: Alembic Rating: Buy New Target: $40.0
25/01/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $37 New Target: $39 Maintain
12/12/2017 Broker: Barclays Capital Rating: Hold New Target: $32.0 Initiate
14/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $36.0 Maintain
31/10/2017 Broker: Bank of America Rating: Neutral Old Target: $33 New Target: $34 Maintain
24/10/2017 Broker: SunTrust Rating: Buy New Target: $38.0
10/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $35.0 Maintain
06/10/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $35.0 Maintain
06/09/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $35.0 Maintain
06/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $35.0 Maintain

Western Asset/Claymore Inflation-Linked Securities & Income Fund (WIA) formed double top with $12.82 target or 8.00% above today’s $11.87 share price. Western Asset/Claymore Inflation-Linked Securities & Income Fund (WIA) has $346.04 million valuation. The stock increased 0.17% or $0.02 during the last trading session, reaching $11.87. About 72,094 shares traded or 20.32% up from the average. Western Asset/Claymore Inflation-Linked Securities & Income Fund (NYSE:WIA) has declined 0.18% since January 28, 2017 and is downtrending. It has underperformed by 16.88% the S&P500.

Investors sentiment increased to 1.43 in Q3 2017. Its up 0.12, from 1.31 in 2017Q2. It is positive, as 3 investors sold Western Asset/Claymore Inflation-Linked Securities & Income Fund shares while 11 reduced holdings. 6 funds opened positions while 14 raised stakes. 9.72 million shares or 2.91% more from 9.45 million shares in 2017Q2 were reported. Da Davidson & holds 20,100 shares. Envestnet Asset invested 0% of its portfolio in Western Asset/Claymore Inflation-Linked Securities & Income Fund (NYSE:WIA). Horizon Kinetics Ltd Liability Com has invested 0.01% in Western Asset/Claymore Inflation-Linked Securities & Income Fund (NYSE:WIA). Cornerstone Advsr holds 31,752 shares. Us Financial Bank De has invested 0% in Western Asset/Claymore Inflation-Linked Securities & Income Fund (NYSE:WIA). Landscape Cap Management Limited Liability Company holds 0.09% or 78,259 shares in its portfolio. Commonwealth Equity Ser owns 16,719 shares or 0% of their US portfolio. Blue Bell Private Wealth Mgmt Limited Liability has invested 0.01% in Western Asset/Claymore Inflation-Linked Securities & Income Fund (NYSE:WIA). Invesco Ltd holds 0% or 460,099 shares. Hilltop holds 21,650 shares or 0.08% of its portfolio. Roberts Glore & Inc Il holds 24,848 shares or 0.19% of its portfolio. Raymond James holds 0% or 36,318 shares. Ancora Advsrs Ltd Liability Corp has invested 0.04% of its portfolio in Western Asset/Claymore Inflation-Linked Securities & Income Fund (NYSE:WIA). Northwestern Mutual Wealth Mngmt accumulated 12,202 shares. 405,633 are held by Fincl Mgmt Group Inc Ltd.

Summit Materials, Inc., together with its subsidiaries, produces and sells construction materials and related downstream products. The company has market cap of $3.83 billion. The Company’s products include aggregates, cement, ready-mixed concrete, asphalt paving mixes, and concrete products. It has a 48.15 P/E ratio. The firm also provides paving and related services to private and public infrastructure sectors.

The stock increased 0.96% or $0.32 during the last trading session, reaching $33.66. About 1.08M shares traded. Summit Materials, Inc. (NYSE:SUM) has risen 29.53% since January 28, 2017 and is uptrending. It has outperformed by 12.83% the S&P500.