Hardwoods Distribution (HWD) Given New C$26.00 Price Target at Canaccord Genuity

Hardwoods Distribution (TSE:HWD) had its target price raised by Canaccord Genuity from C$24.00 to C$26.00 in a report issued on Wednesday, March 7th.

HWD has been the topic of a number of other research reports. CIBC lifted their price target on shares of Hardwoods Distribution from C$24.00 to C$26.00 in a research note on Friday, January 12th. National Bank Financial lowered their target price on shares of Hardwoods Distribution from C$27.00 to C$24.00 and set an outperform rating on the stock in a report on Wednesday, November 15th.

Hardwoods Distribution (TSE:HWD) traded down C$0.07 during trading hours on Wednesday, hitting C$19.78. 4,022 shares of the stock were exchanged, compared to its average volume of 22,820. Hardwoods Distribution has a one year low of C$16.00 and a one year high of C$22.00. The company has a market cap of $423.69, a P/E ratio of 13.46 and a beta of 0.31.

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Hardwoods Distribution Company Profile

Hardwoods Distribution Inc is a Canada-based company engaged in the wholesale distribution of hardwood lumber and related sheet good and specialty products. The Company operates through its Canada and United States segments. The Company, through its subsidiaries, is engaged in operating a network of over 30 distribution centers in Canada and the United States.

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