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Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s):  CWXZF

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....


TSX:DBM - Post by User

Post by TheBridgeon Jan 21, 2025 12:48pm
120 Views
Post# 36413651

Grades

GradesIn this morning's "Tuesday's upgrades and downgrades" by Darcy Keith in the Globe and Mail there were 2 references to DBM. Raymond James analysts led by Daryl Swetlishoff cut price targets on several pulp and paper and building materials stocks but still advised a buying opportunity is just around the corner. DBM went from $12 to $11.50.
" In light of potential tariffs, we highlighted treated lumber distributor DOMAN, diversified play Adentra and truss manufacturer Atlas (all rated Strong Buy) as attractive low volatility plays offering compelling - 60% upside to our targets," Rayamond James analysts added.

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