Analyst Price Target is C$10.64
▲ +11.33% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Doman Building Materials Group in the last 3 months. The average price target is C$10.64, with a high forecast of C$12.00 and a low forecast of C$9.00. The average price target represents a 11.33% upside from the last price of C$9.56.
Current Consensus is
Buy
The current consensus among 6 contributing investment analysts is to buy stock in Doman Building Materials Group. This rating has held steady since July 2023, when it changed from a Moderate Buy consensus rating.
Doman Building Materials Group Ltd., through its subsidiaries, engages in the wholesale distribution of building materials and home renovation products in the United States and Canada. The company offers treated wood; siding and trim; decking and aluminum railing; engineered wood products; roofing products; insulation and wrap products; and lumber and plywood products. It is also involved in agricultural post-peeling and pressure treating activities, as well as timber ownership and management of private timberlands and forest licenses; and provides other value-add services. In addition, the company distributes lumber products. It sells its products to small independent lumber yards, regional building material dealers, home improvement chains, and retailers. The company serves its products to new home construction, home renovation, and industrial markets. The company was formerly known as CanWel Building Materials Group Ltd. and changed its name to Doman Building Materials Group Ltd. in May 2021. Doman Building Materials Group Ltd. was founded in 1989 and is headquartered in Vancouver, Canada.
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