Time to Buy CanWel Building Materials Group Ltd After Today’s Huge Increase?

 Time to Buy CanWel Building Materials Group Ltd After Today's Huge Increase?

The stock of CanWel Building Materials Group Ltd (TSE:CWX) is a huge mover today! About 68,690 shares traded hands. CanWel Building Materials Group Ltd (TSE:CWX) has risen 10.26% since April 22, 2016 and is uptrending. It has outperformed by 4.25% the S&P500.
The move comes after 9 months positive chart setup for the $345.59 million company. It was reported on Nov, 28 by Barchart.com. We have $6.06 PT which if reached, will make TSE:CWX worth $27.65 million more.

CanWel Building Materials Group Ltd (TSE:CWX) Ratings Coverage

Out of 3 analysts covering Canwel Building Materials Group Ltd. (TSE:CWX), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. $8 is the highest target while $6 is the lowest. The $7.25 average target is 29.23% above today’s ($5.61) stock price. Canwel Building Materials Group Ltd. has been the topic of 4 analyst reports since October 29, 2015 according to StockzIntelligence Inc. Cormark Securities downgraded the stock to “Market Perform” rating in Wednesday, November 2 report.

More news for CanWel Building Materials Group Ltd (TSE:CWX) were recently published by: Marketwired.com, which released: “CanWel Building Materials Group Ltd. Announces $60 Million Bought Deal Equity …” on August 15, 2016. Marketwired.com‘s article titled: “CanWel Building Materials Announces Quarterly Dividend” and published on June 15, 2016 is yet another important article.

CanWel Building Materials Group Ltd

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