Doman Building Materials Group Ltd. (OTCMKTS:CWXZF) Receives $9.70 Consensus Price Target from Analysts

Shares of Doman Building Materials Group Ltd. (OTCMKTS:CWXZF) have received an average recommendation of “Buy” from the six analysts that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $9.70.

A number of analysts recently issued reports on the company. Stifel Nicolaus lowered 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 research report on Monday, November 8th. CIBC raised their price target on Doman Building Materials Group from C$9.00 to C$10.00 in a research report on Monday, January 10th. lowered their price target 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. Finally, Raymond James raised their price target on Doman Building Materials Group from C$9.75 to C$10.50 in a research report on Wednesday, January 5th.

Shares of CWXZF opened at $6.45 on Wednesday. The business has a fifty day moving average of $5.86 and a 200 day moving average of $5.68. Doman Building Materials Group has a 52-week low of $4.83 and a 52-week high of $8.61.

Doman Building Materials Group Company Profile

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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Analyst Recommendations for Doman Building Materials Group (OTCMKTS:CWXZF)

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