▲ +29.48% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for CanWel Building Materials Group in the last 3 months. The average price target is $7.41, with a high forecast of $9.00 and a low forecast of $3.00. The average price target represents a 29.48% upside from the last price of $5.72.
The current consensus among 6 contributing investment analysts is to buy stock in CanWel Building Materials Group. This rating has held steady since May 2020, when it changed from a Hold consensus rating.
CanWel Building Materials Group Ltd., through its subsidiaries, distributes building materials and home renovation products in Canada, Hawaii, and the Western United States. It operates through two segments, Distribution and Forestry. The company sells decking and railing; engineered wood products; fasteners and adhesives; foundation; insulation and wraps; interior finishing; lumber, plywood, OSB, and specialty industrial products; roofing products; treated wood; siding and trim products; and security products, as well as forms and reinforcement products. It also offers wood pressure treating services. In addition, the company is involved in the ownership and management of private timberlands and Crown forest licenses; logging and trucking operations; and post-peeling and pressure treating for the agricultural market. The company serves new home construction, home renovation, and industrial markets, as well as building materials industry, hardware stores, and industrial and furniture manufacturers. CanWel Building Materials Group Ltd. was founded in 1989 and is headquartered in Vancouver, Canada.