Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s): CWXZF

Consumer Cyclical Home Furnishings & Fixtures

Doman Building Materials Group Ltd. is an integrated national distributor in the building materials and related products sector. The Company operates various distinct divisions with multiple treating plants, planing and specialty facilities and distribution centers coast-to-coast in various cities across Canada and select locations across the United States. The Company operates 21 treating plants, two specialty planing mills and five specialty sawmills located in nine states, distributing, producing and treating lumber, fencing and building materials servicing the central United States; it serves the United States west coast with multiple locations in California and Oregon; and in the state of Hawaii the Honsador Building Products Group services 15 locations across all the islands. The Company’s Canadian operations also include ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through its Doman Timber operations.

TSX:DBM - Post by User

Doman Building Materials Group Ltd > RBC Rating Outperform $11.00 Target

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Comment by Red_Deeron Sep 15, 2021 12:12pm

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Post# 33862149

RE:RBC Rating Outperform $11.00 Target

Hey SUPER__Time to GO TROLLING for the BIG LUNKERS eh !!!!!!!!! ???????

SuperM wrote: Outperform TSX: DBM; CAD 6.56 Price Target CAD 11.00

Investment summary Our investment rating for Doman is Outperform. Although new residential construction activity was negatively impacted by COVID-19, we believe that robust repair & remodel demand has mostly offset those declines. With current market conditions mostly manageable, we expect that Doman is well positioned to benefit from increased construction activity.

After earnings RBC reduced their target from $12 to $11. This corporation is extremelly undervalued and at these prices offers close to 7.5% divi.

GLTA