Acumen Capital Reaffirms Buy Rating for Hardwoods Distribution Inc (HWD)
Hardwoods Distribution Inc (TSE:HWD)‘s stock had its “buy” rating restated by equities research analysts at Acumen Capital in a report issued on Tuesday. They presently have a C$22.75 price target on the stock. Acumen Capital’s price target indicates a potential upside of 20.82% from the stock’s current price.
Hardwoods Distribution (TSE:HWD) traded down 0.27% during mid-day trading on Tuesday, reaching $18.78. 18,305 shares of the company were exchanged. Hardwoods Distribution has a 1-year low of $15.06 and a 1-year high of $19.72. The firm has a market capitalization of $400.16 million and a P/E ratio of 15.52. The stock has a 50-day moving average of $18.88 and a 200 day moving average of $17.49.
Hardwoods Distribution Company Profile
Hardwoods Distribution Inc is a Canada-based company engaged in the wholesale distribution of hardwood lumber and related sheet good and specialty products. The Company operates through its Canada and United States segments. The Company, through its subsidiaries, is engaged in operating a network of over 30 distribution centers in Canada and the United States.
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