Boise Cascade Gets a Hold Rating from BMO Capital


BMO Capital analyst Mark Wilde reiterated a Hold rating on Boise Cascade (NYSE: BCC) on July 15 and set a price target of $41. The company’s shares opened today at $46.30, close to its 52-week high of $49.30.

Wilde has an average return of 31.8% when recommending Boise Cascade.

According to TipRanks.com, Wilde is ranked #405 out of 4843 analysts.

Currently, the analyst consensus on Boise Cascade is a Hold with an average price target of $38.

See today’s analyst top recommended stocks >>

Based on Boise Cascade’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $37.05 million. In comparison, last year the company had a net profit of $22.15 million.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2018, Nick Stokes, the EVP, BMD of BCC sold 5,923 shares for a total of $261,204.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts