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Shares of Plum Creek Timber Company (NYSE:PCL) have received an average recommendation of “Hold” from the nine ratings firms that are presently covering the stock, ARN reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $49.00.

PCL has been the subject of a number of recent research reports. Analysts at RBC Capital downgraded shares of Plum Creek Timber Company from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, July 9th. They now have a $47.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Zacks reiterated an “underperform” rating on shares of Plum Creek Timber Company in a research note on Friday, May 16th. They now have a $39.00 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Plum Creek Timber Company in a research note on Tuesday, April 29th. They now have a $50.00 price target on the stock.

Plum Creek Timber Company (NYSE:PCL) opened at 44.21 on Friday. Plum Creek Timber Company has a 52-week low of $40.57 and a 52-week high of $50.08. The stock’s 50-day moving average is $44.56 and its 200-day moving average is $43.38. The company has a market cap of $7.829 billion and a P/E ratio of 39.90.

Plum Creek Timber Company (NYSE:PCL) last posted its quarterly earnings results on Monday, April 28th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.02. The company had revenue of $317.00 million for the quarter, compared to the consensus estimate of $314.01 million. During the same quarter in the previous year, the company posted $0.35 earnings per share. The company’s revenue for the quarter was down 6.8% on a year-over-year basis. On average, analysts predict that Plum Creek Timber Company will post $1.40 earnings per share for the current fiscal year.

Plum Creek Timber Company, Inc (NYSE:PCL) is a private timberland owner in the United States.

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