The Materials sector company, Norbord (OSB), has received a rating update from a Wall Street analyst today. Analyst Daryl Swetlishoff from Raymond James rated Norbord (OSB) a Buy, setting a C$41 price target.
According to TipRanks.com, Swetlishoff is ranked #5187 out of 5245 analysts.
Currently, the analyst consensus on Norbord is a Strong Buy with an average price target of C$38.50, representing a 23.3% upside. In a report issued on July 9, RBC Capital also maintained a Buy rating on the stock with a C$40 price target.
.
The company has a one-year high of C$57.29 and a one-year low of C$26.31. Currently, Norbord has an average volume of 338.5K.
Norbord, Inc. engages in the manufacturing, sales, marketing and distribution of wood-based 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 Tuesday at C$31.20, close to its 52-week low of C$26.31.
