Doman Building Materials Group - DBM Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$10.64
  • Forecasted Upside: 11.33%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 1 Strong Buy Ratings
C$9.56
▲ +0.12 (1.27%)

This chart shows the closing price for DBM by one month, three months, or twelve months.

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Analyst Price Target for DBM

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.

This chart shows the closing price for DBM for the last year in relation to the current analyst high, average, and low pricetarget.

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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.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/30/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/28/2023
  • 1 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/26/2023
  • 1 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/24/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/24/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/22/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/21/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/20/2024

Latest Recommendations

  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/22/2024TD SecuritiesBoost TargetC$11.50 ➝ C$12.00
10/17/2024Stifel NicolausBoost TargetBuyC$9.25 ➝ C$10.00
10/7/2024National BanksharesBoost TargetOutperformC$8.50 ➝ C$12.00
10/2/2024Canaccord Genuity GroupBoost TargetBuyC$9.00 ➝ C$11.00
10/2/2024Raymond JamesBoost TargetStrong-BuyC$9.75 ➝ C$11.50
10/2/2024Stifel NicolausBoost TargetBuyC$9.00 ➝ C$9.25
10/2/2024CIBCBoost TargetOutperformC$8.50 ➝ C$9.00
8/13/2024National BanksharesLower TargetOutperformC$10.50 ➝ C$8.50
7/18/2024CIBCLower TargetC$9.00 ➝ C$8.50
7/11/2024Royal Bank of CanadaLower TargetC$10.00 ➝ C$9.00
5/14/2024CIBCLower TargetOutperformC$10.00 ➝ C$9.00
5/14/2024Canaccord Genuity GroupLower TargetBuyC$10.00 ➝ C$9.00
5/13/2024Raymond JamesLower TargetStrong-BuyC$10.75 ➝ C$9.75
5/13/2024National BanksharesBoost TargetOutperformC$10.00 ➝ C$10.50
3/12/2024National BanksharesBoost TargetC$8.50 ➝ C$10.00
3/11/2024Canaccord Genuity GroupBoost TargetC$9.00 ➝ C$10.00
3/11/2024Raymond JamesBoost TargetC$9.75 ➝ C$10.75
3/5/2024Stifel NicolausBoost TargetBuyC$9.25 ➝ C$11.00
2/6/2024Raymond JamesBoost TargetStrong-BuyC$9.25 ➝ C$9.75
1/12/2024CIBCBoost TargetOutperformC$9.00 ➝ C$10.00
12/19/2023Royal Bank of CanadaBoost TargetOutperformC$9.00 ➝ C$10.00
10/24/2023Stifel NicolausLower TargetBuyC$9.75 ➝ C$9.25
10/13/2023CIBCBoost TargetOutperformC$8.50 ➝ C$9.00
9/25/2023Raymond JamesUpgradeOutperform ➝ Strong-BuyC$8.75 ➝ C$9.25
8/9/2023CIBCBoost TargetOutperformC$7.50 ➝ C$8.50
8/8/2023Stifel NicolausUpgradeHold ➝ BuyC$7.75 ➝ C$9.75
8/8/2023National BanksharesBoost TargetOutperformC$7.50 ➝ C$8.50
8/8/2023Raymond JamesBoost TargetOutperformC$8.00 ➝ C$8.75
7/20/2023CIBCUpgradeNeutral ➝ OutperformC$7.50
7/18/2023Stifel NicolausLower TargetC$8.00 ➝ C$7.75
5/16/2023Raymond JamesBoost TargetMarket PerformC$7.00 ➝ C$7.25
4/20/2023CIBCLower TargetC$7.25 ➝ C$7.00
3/14/2023Raymond JamesBoost TargetMarket PerformC$6.50 ➝ C$7.00
3/13/2023Canaccord Genuity GroupBoost TargetC$5.00 ➝ C$6.00
3/13/2023CIBCBoost TargetNeutralC$6.25 ➝ C$7.25
3/13/2023Royal Bank of CanadaBoost TargetOutperformC$8.00 ➝ C$9.00
2/6/2023Stifel NicolausBoost TargetC$6.50 ➝ C$8.00
1/19/2023National BanksharesBoost TargetOutperformC$6.50 ➝ C$7.50
11/8/2022Raymond JamesLower TargetMarket PerformC$7.50 ➝ C$6.50
11/7/2022Canaccord Genuity GroupLower TargetC$5.50 ➝ C$5.00
11/7/2022Stifel NicolausBoost TargetC$6.25 ➝ C$6.50
11/4/2022National BanksharesLower TargetOutperformC$7.00 ➝ C$6.50
10/4/2022CIBCLower TargetC$7.50 ➝ C$6.25
8/8/2022National BanksharesLower TargetOutperformC$11.00 ➝ C$7.00
8/2/2022Raymond JamesDowngradeOutperform ➝ Market PerformC$9.50 ➝ C$7.50
7/18/2022Royal Bank of CanadaDowngradeOutperform ➝ HoldC$10.00 ➝ C$7.00
7/8/2022CIBCDowngradeOutperform ➝ HoldC$9.00 ➝ C$7.50
6/6/2022Stifel NicolausDowngradeBuy ➝ HoldC$9.00 ➝ C$7.00
5/5/2022Raymond JamesLower TargetOutperformC$10.50 ➝ C$9.50
4/21/2022CIBCLower TargetOutperformC$10.00 ➝ C$9.00
3/8/2022National BanksharesLower TargetOutperformC$12.00 ➝ C$11.00
3/7/2022Raymond JamesSet TargetOutperformC$10.50
3/7/2022Canaccord Genuity GroupBoost TargetC$7.00 ➝ C$8.00
2/10/2022Stifel NicolausInitiated CoverageBuyC$10.00
1/10/2022CIBCBoost TargetC$9.00 ➝ C$10.00
1/4/2022Raymond JamesBoost TargetOutperformC$9.75 ➝ C$10.50
11/8/2021Raymond JamesLower TargetOutperformC$10.50 ➝ C$9.75
10/20/2021Royal Bank of CanadaLower TargetC$11.00 ➝ C$10.00
9/30/2021CIBCReiterated RatingBuy
9/29/2021Raymond JamesReiterated RatingOutperformC$10.50
9/21/2021CIBCReiterated RatingBuyC$9.00
8/18/2021National Bank FinancialLower TargetOutperformC$12.00
8/18/2021Raymond JamesLower TargetOutperformC$13.50 ➝ C$10.50
8/18/2021National BanksharesLower TargetOutperformC$13.50 ➝ C$12.00
8/17/2021Haywood SecuritiesLower TargetBuyC$13.50 ➝ C$12.50
8/17/2021CIBCReiterated RatingOutperformC$10.00
8/17/2021Royal Bank of CanadaReiterated RatingOutperformC$12.00
5/12/2021CIBCBoost TargetNeutral ➝ OutperformC$10.50 ➝ C$12.00
4/20/2021Raymond JamesBoost TargetMarket Perform ➝ OutperformC$10.50 ➝ C$12.25
4/20/2021Haywood SecuritiesBoost TargetBuyC$10.00 ➝ C$12.00
4/20/2021Royal Bank of CanadaBoost TargetOutperformC$12.00
4/13/2021CIBCBoost TargetNeutralC$9.50 ➝ C$10.50
3/24/2021Raymond JamesDowngradeOutperform ➝ Market PerformC$10.50
3/16/2021CIBCBoost TargetNAC$8.50 ➝ C$9.50
3/15/2021Raymond JamesBoost TargetOUTPERFORMC$9.00 ➝ C$10.50
3/15/2021National BanksharesBoost TargetOUTPERFORMC$10.00 ➝ C$10.50
3/15/2021Royal Bank of CanadaBoost TargetOUTPERFORMC$10.00 ➝ C$11.00
3/12/2021National Bank FinancialReiterated RatingNAC$10.50
2/4/2021CIBCBoost TargetC$8.25 ➝ C$8.50
1/20/2021National Bank FinancialBoost TargetOutperformC$7.50 ➝ C$8.50
1/4/2021Raymond JamesBoost TargetOutperformC$8.50 ➝ C$9.00
12/22/2020National Bank FinancialLower TargetOutperformC$8.00 ➝ C$7.50
12/18/2020CIBCBoost TargetC$8.00 ➝ C$8.25
12/16/2020National Bank FinancialLower TargetOutperformC$8.00 ➝ C$7.50
11/10/2020CIBCBoost TargetC$7.00 ➝ C$8.00
11/9/2020Royal Bank of CanadaBoost TargetOutperformC$8.00 ➝ C$8.50
11/9/2020Raymond JamesBoost TargetOutperformC$7.50 ➝ C$8.50
11/9/2020National Bank FinancialBoost TargetOutperformC$7.50 ➝ C$8.00
11/3/2020Haywood SecuritiesBoost TargetC$7.00 ➝ C$7.50
10/20/2020Royal Bank of CanadaBoost TargetC$7.50 ➝ C$8.00
8/25/2020CIBCBoost TargetC$5.75 ➝ C$7.00
8/19/2020Royal Bank of CanadaBoost TargetC$7.00 ➝ C$7.50
8/5/2020CIBCBoost TargetC$4.50 ➝ C$5.75
8/4/2020Raymond JamesBoost TargetOutperformC$6.50 ➝ C$7.50
8/4/2020Royal Bank of CanadaBoost TargetOutperformC$6.00 ➝ C$7.00
7/31/2020National Bank FinancialBoost TargetOutperformC$5.50 ➝ C$6.50
7/31/2020Haywood SecuritiesBoost TargetC$6.50 ➝ C$7.00
7/22/2020Raymond JamesBoost TargetOutperformC$5.00 ➝ C$6.50
7/14/2020National Bank FinancialUpgradeSector Perform ➝ OutperformC$4.00 ➝ C$5.50
6/16/2020Raymond JamesUpgradeMarket Perform ➝ OutperformC$4.00 ➝ C$5.00
6/16/2020National Bank FinancialDowngradeOutperform ➝ Sector PerformC$3.75 ➝ C$4.00
6/16/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$4.00 ➝ C$5.00
6/15/2020CIBCBoost TargetC$3.25 ➝ C$3.50
5/19/2020Raymond JamesSet TargetMarket PerformC$4.00
5/19/2020CIBCLower TargetC$3.75 ➝ C$3.25
5/18/2020National Bank FinancialLower TargetOutperformC$4.75 ➝ C$3.75
5/5/2020Raymond JamesDowngradeOutperform ➝ Market PerformC$5.00 ➝ C$4.00
4/16/2020Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$5.00 ➝ C$4.00
4/14/2020CIBCLower TargetC$4.25 ➝ C$3.75
3/17/2020Raymond JamesLower TargetOutperformC$6.00 ➝ C$5.00
3/13/2020CIBCLower TargetC$5.50 ➝ C$4.50
3/13/2020National Bank FinancialLower TargetOutperformC$6.00 ➝ C$4.75
3/13/2020Royal Bank of CanadaLower TargetOutperformC$6.00 ➝ C$5.00
1/13/2020CIBCBoost TargetC$5.00 ➝ C$5.50
12/20/2019National Bank FinancialUpgradeSector Perform ➝ OutperformC$3.75 ➝ C$6.00
12/3/2019Raymond JamesSet TargetOutperformC$6.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.84 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/24/2024
  • 10 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/24/2024
  • 4 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/23/2024
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/23/2024
  • 3 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/22/2024
  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/21/2024
  • 4 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/21/2024
  • 7 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/20/2024

Current Sentiment

  • 7 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Doman Building Materials Group logo
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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Today's Range

Now: C$9.56
Low: C$9.40
High: C$9.56

50 Day Range

MA: C$8.44
Low: C$7.17
High: C$9.44

52 Week Range

Now: C$9.56
Low: C$6.32
High: C$9.56

Volume

61,101 shs

Average Volume

198,050 shs

Market Capitalization

C$834.49 million

P/E Ratio

13.28

Dividend Yield

6.39%

Beta

1.53

Frequently Asked Questions

What sell-side analysts currently cover shares of Doman Building Materials Group?

The following Wall Street sell-side analysts have issued reports on Doman Building Materials Group in the last twelve months: Canaccord Genuity Group Inc., CIBC, National Bankshares, Inc., Raymond James, Royal Bank of Canada, Stifel Nicolaus, and TD Securities.
View the latest analyst ratings for DBM.

What is the current price target for Doman Building Materials Group?

0 Wall Street analysts have set twelve-month price targets for Doman Building Materials Group in the last year. Their average twelve-month price target is C$10.64, suggesting a possible upside of 12.7%. National Bankshares, Inc. has the highest price target set, predicting DBM will reach C$12.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of C$9.00 for Doman Building Materials Group in the next year.
View the latest price targets for DBM.

What is the current consensus analyst rating for Doman Building Materials Group?

Doman Building Materials Group currently has 5 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe DBM will outperform the market and that investors should add to their positions of Doman Building Materials Group.
View the latest ratings for DBM.

What other companies compete with Doman Building Materials Group?

How do I contact Doman Building Materials Group's investor relations team?

Doman Building Materials Group's physical mailing address is Suite 1100 - 1055 West Georgia Street, VANCOUVER, BC V6E 3P3, Canada. The company's listed phone number is +1-604-4321400. The official website for Doman Building Materials Group is www.canwel.com. Learn More about contacing Doman Building Materials Group investor relations.