Wall Street analyst has provided a review for the Materials company yesterday, but retained the same rating on the stock. Analyst Benoit Laprade from Scotiabank rated Norbord (TSX: OSB) a Buy, setting a C$53 price target.
Laprade has an average return of 34.3% when recommending Norbord.
According to TipRanks.com, Laprade is ranked #1338 out of 4877 analysts.
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Currently, the analyst consensus on Norbord is a Moderate Buy with an average price target of C$58.
The company has a one-year high of C$58.92 and a one-year low of C$35.83. Currently, Norbord has an average volume of 405.8K.
Norbord, Inc. engages in the manufacturing, sales, marketing and distribution of panelboards and related products. Its products are used in the construction of new homes or in the renovation and repair of existing structures. The company was founded in 1987 and is headquartered in Toronto, Canada.
The company’s shares closed on Friday at C$35.79.
