Gibraltar Industries (NASDAQ:ROCK) was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued on Friday.

A number of other research firms also recently issued reports on ROCK. Zacks Investment Research downgraded shares of Gibraltar Industries from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. TheStreet upgraded shares of Gibraltar Industries from a “c” rating to a “b-” rating in a report on Friday, November 3rd. Finally, KeyCorp restated a “buy” rating and issued a $39.00 target price on shares of Gibraltar Industries in a report on Sunday, October 15th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $42.00.

Shares of Gibraltar Industries (ROCK) opened at $31.65 on Friday. Gibraltar Industries has a twelve month low of $25.61 and a twelve month high of $44.90. The stock has a market cap of $990.41, a P/E ratio of 34.03 and a beta of 1.81. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.36 and a quick ratio of 1.93.

Institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC purchased a new stake in Gibraltar Industries in the third quarter valued at approximately $157,000. Profund Advisors LLC grew its holdings in Gibraltar Industries by 9.1% in the second quarter. Profund Advisors LLC now owns 5,756 shares of the construction company’s stock valued at $205,000 after purchasing an additional 480 shares during the period. Penn Capital Management Co. Inc. purchased a new stake in Gibraltar Industries in the fourth quarter valued at approximately $294,000. Parametrica Management Ltd purchased a new stake in Gibraltar Industries in the fourth quarter valued at approximately $319,000. Finally, Teacher Retirement System of Texas purchased a new stake in Gibraltar Industries in the fourth quarter valued at approximately $337,000.

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Gibraltar Industries Company Profile

Gibraltar Industries, Inc is a manufacturer and distributor of building products for industrial, transportation infrastructure, residential housing, renewable energy and resource conservation markets. The Company’s segments include Residential Products; Industrial and Infrastructure Products, and Renewable Energy and Conservation.

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