In a new note to investors today, an analyst has provided a rating update for CanWel Building (CWX). The company received a Buy rating from National Bank’s analyst Leon Aghazarian, with a C$7 price target.
According to TipRanks.com, Aghazarian is ranked #2768 out of 4912 analysts.
CanWel Building has an analyst consensus of Strong Buy, with a price target consensus of C$6.83.
The company has a one-year high of C$7.50 and a one-year low of C$4.60. Currently, CanWel Building has an average volume of 204.5K.
CanWel Building Materials Group Ltd. engages in the distribution and trade of construction materials. It operates through the Building Materials Distribution and Forestry segments. The Building Materials Distribution segment supplies building materials and home renovation products and provides value-added services such as lumber pressure treating.
The company’s shares closed on Friday at C$4.81, close to its 52-week low of C$4.60.