In a new note to investors today, an analyst has provided a rating update for the Services sector company, CanWel Building (CWX). The company received a Hold rating from Raymond James’ analyst Steve Hansen, with a C$4.80 price target.
According to TipRanks.com, Hansen is ranked #1615 out of 5167 analysts.
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CanWel Building has an analyst consensus of Moderate Buy, with a price target consensus of C$5.33, representing an 8.6% upside. In a report issued on February 7, National Bank also maintained a Hold rating on the stock with a C$5 price target.
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CanWel Building’s market cap is currently C$401.9M and has a P/E ratio of 11.5. The company has a Price to Book ratio of 1.10.
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$4.91.
