Doman Building Materials Group (OTCMKTS:CWXZF) Price Target Increased to C$7.00 by Analysts at Raymond James

Doman Building Materials Group (OTCMKTS:CWXZF – Get Rating) had its price target increased by Raymond James to C$7.00 in a research report sent to investors on Tuesday, The Fly reports.

Other research analysts have also issued research reports about the company. Stifel Nicolaus boosted their price target on Doman Building Materials Group from C$6.50 to C$8.00 in a research report on Monday, February 6th. CIBC boosted their target price on Doman Building Materials Group from C$6.25 to C$7.25 in a report on Monday. National Bank Financial boosted their target price on Doman Building Materials Group to C$7.50 in a report on Thursday, January 19th. Finally, Royal Bank of Canada boosted their target price on Doman Building Materials Group from C$8.00 to C$9.00 in a report on Monday. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Doman Building Materials Group presently has a consensus rating of Hold and an average price target of $7.29.

Doman Building Materials Group Stock Performance

Shares of CWXZF stock opened at $5.10 on Tuesday. The stock has a 50-day moving average price of $5.38 and a 200 day moving average price of $4.69. Doman Building Materials Group has a 12 month low of $3.92 and a 12 month high of $6.97.

About Doman Building Materials Group

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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.