National Bank Financial Increases CanWel Building Materials Group Ltd. (CWX) Price Target to C$7.50
CanWel Building Materials Group Ltd. (TSE:CWX) had its price target lifted by equities researchers at National Bank Financial from C$7.00 to C$7.50 in a report released on Monday, November 13th. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price objective points to a potential upside of 4.90% from the stock’s current price.
Several other equities research analysts have also recently commented on the company. Canaccord Genuity lifted their target price on CanWel Building Materials Group from C$7.00 to C$7.50 and gave the company a “speculative buy” rating in a research note on Wednesday, September 27th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a C$7.50 price objective on shares of CanWel Building Materials Group in a research note on Monday, October 23rd.
Shares of CanWel Building Materials Group (TSE:CWX) traded up C$0.14 during mid-day trading on Monday, hitting C$7.15. The company’s stock had a trading volume of 407,100 shares, compared to its average volume of 156,631. CanWel Building Materials Group has a 52 week low of C$5.43 and a 52 week high of C$7.15.
About CanWel Building Materials Group
CanWel Building Materials Group Ltd., through its subsidiaries, distributes building materials and home renovation products in Canada and the Western United States. The company sells adhesives; engineered wood products; fasteners; foundation, insulation, interior finishing, and outdoor living products; roofing and accessories; and siding and trim, underlayment, and security and doorware products.
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