CanWel Building (CWX), the Services sector company, has received a rating update from a Wall Street analyst today. RBC Capital’s analyst Charan Sanghera reiterates their Buy rating on the shares, with a C$6 price target.
According to TipRanks.com, Sanghera is ranked #3199 out of 5127 analysts.
Read also: Nike (NKE) Earnings: Bulls Win, What’s Next?
The word on The Street in general, suggests a Strong Buy analyst consensus rating for CanWel Building with a C$6.56 average price target.
CanWel Building’s market cap is currently C$369.3M and has a P/E ratio of 9.9. The company has a Price to Book ratio of 1.01.
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 Monday at C$4.75.
