Hardwoods Distribution Inc (TSE:HWD)‘s stock had its “buy” rating reiterated by investment analysts at Acumen Capital in a report issued on Tuesday. They currently have a C$22.75 price objective on the stock. Acumen Capital’s target price suggests a potential upside of 20.82% from the company’s current price.
Hardwoods Distribution (TSE:HWD) traded down 0.27% during trading on Tuesday, reaching $18.78. The company had a trading volume of 18,305 shares. The stock has a market capitalization of $400.16 million and a P/E ratio of 15.52. Hardwoods Distribution has a 12-month low of $15.06 and a 12-month high of $19.72. The stock has a 50 day moving average of $18.88 and a 200-day moving average of $17.49.
About Hardwoods Distribution
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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