BMO Capital analyst Mark Wilde reiterated a Hold rating on Boise Cascade (BCC) yesterday and set a price target of $37. The company’s shares closed yesterday at $30.12, close to its 52-week low of $28.51.
According to TipRanks.com, Wilde is a 5-star analyst with an average return of 12.7% and a 69.8% success rate. Wilde covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Graphic Packaging, and Silgan Holdings.
Boise Cascade has an analyst consensus of Moderate Buy, with a price target consensus of $36, representing a 19.5% upside. In a report issued on November 7, D.A. Davidson also maintained a Hold rating on the stock with a $35 price target.
Boise Cascade’s market cap is currently $1.17B and has a P/E ratio of 10.60. The company has a Price to Book ratio of 1.57.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2018, Wayne Rancourt, the EVP, CFO & Treas of BCC sold 9,872 shares for a total of $442,759.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Boise Cascade Co. manufactures and distributes vertically-integrated wood products and building materials. It operates through the following segments: Wood Products, and Building Materials Distribution. The Wood Products segment manufactures and sells engineered wood products, plywood, particleboard, studs and ponderosa pine lumber.