Shares of Doman Building Materials Group Ltd. (OTCMKTS:CWXZF) have been assigned a consensus recommendation of “Buy” from the six analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $9.70.
A number of research analysts have issued reports on the company. Stifel Nicolaus decreased their price target on Doman Building Materials Group from C$12.00 to C$10.00 and set a “buy” rating for the company in a report on Monday, November 8th. Raymond James boosted their price objective on Doman Building Materials Group from C$9.75 to C$10.50 in a research report on Wednesday, January 5th. CIBC boosted their price objective on Doman Building Materials Group from C$9.00 to C$10.00 in a research report on Monday, January 10th. Finally, cut their price objective on Doman Building Materials Group from C$7.50 to C$7.00 and set a “hold” rating for the company in a research report on Friday, November 5th.
Shares of OTCMKTS:CWXZF opened at $6.45 on Wednesday. Doman Building Materials Group has a 12-month low of $4.83 and a 12-month high of $8.61. The business has a 50 day moving average of $5.86 and a two-hundred day moving average of $5.68.
Doman Building Materials Group Ltd. engages in the distribution and trade of construction materials. It operates through the Distribution and Forestry segments. The Distribution segment involves the wholesale distribution of building materials and home renovation products. The Forestry segment includes timber ownership and management of private timberlands and forest licenses, harvesting and trucking operations, and value-added services.
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