National Bank Keeps Their Hold Rating on CanWel Building (CWX)


CanWel Building (CWX), the Services sector company, has received a rating update from a Wall Street analyst today. The company received a Hold rating from National Bank’s analyst Leon Aghazarian, with a C$5 price target.

Aghazarian has an average return of 0.1% when recommending CanWel Building.

According to TipRanks.com, Aghazarian is ranked #2574 out of 5153 analysts.

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Currently, the analyst consensus on CanWel Building is a Moderate Buy with an average price target of C$5.67.

CanWel Building’s market cap is currently C$408.2M and has a P/E ratio of 11.3. The company has a Price to Book ratio of 1.12.

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 Thursday at C$5.17.

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