Doman Building Materials Group (OTCMKTS:CWXZF) Price Target Increased to C$7.50 by Analysts at National Bank Financial

Doman Building Materials Group (OTCMKTS:CWXZF – Get Rating) had its price objective boosted by analysts at National Bank Financial to C$7.50 in a report released on Thursday, The Fly reports.

Other analysts also recently issued research reports about the company. Royal Bank of Canada upgraded Doman Building Materials Group from a “sector perform” rating to an “outperform” rating in a research report on Monday, January 2nd. Canaccord Genuity Group cut their price target on shares of Doman Building Materials Group from C$5.50 to C$5.00 and set a “hold” rating on the stock in a report on Monday, November 7th. Stifel Nicolaus upped their price objective on shares of Doman Building Materials Group from C$6.25 to C$6.50 in a research note on Monday, November 7th. Finally, Raymond James cut their target price on Doman Building Materials Group to C$6.50 in a research note on Tuesday, November 8th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $6.38.

Doman Building Materials Group Trading Up 2.0 %

CWXZF opened at $5.25 on Thursday. Doman Building Materials Group has a 12 month low of $3.92 and a 12 month high of $6.97. The business’s 50-day moving average price is $4.47 and its 200-day moving average price is $4.54.

About Doman Building Materials Group

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Doman Building Materials Group Ltd. distributes building materials and related products in Canada, the United States, and Hawai. It distributes a range of building materials, lumber, renovation, and electrical products. The company owns approximately 117,000 acres of private timberlands, and strategic licenses and tenures.