Hardwoods Distribution (OTCMKTS:HDIUF) PT Raised to C$73.00

Hardwoods Distribution (OTCMKTS:HDIUFGet Rating) had its price objective lifted by TD Securities from C$64.00 to C$73.00 in a research report issued on Monday, The Fly reports.

A number of other equities research analysts have also recently weighed in on the stock. Canaccord Genuity Group reduced their price target on shares of Hardwoods Distribution from C$73.00 to C$60.00 in a research report on Monday, April 11th. Scotiabank began coverage on shares of Hardwoods Distribution in a research report on Wednesday, April 6th. They set an “outperform” rating on the stock.

Shares of OTCMKTS:HDIUF traded up $1.51 during trading on Monday, hitting $25.59. The company’s stock had a trading volume of 120 shares, compared to its average volume of 1,568. The business has a 50 day moving average price of $28.18 and a two-hundred day moving average price of $31.96. Hardwoods Distribution has a fifty-two week low of $23.03 and a fifty-two week high of $38.96.

Hardwoods Distribution Company Profile (Get Rating)

Hardwoods Distribution Inc engages in the wholesale distribution of architectural building products to the residential, repair and remodel, and commercial construction markets. It offers a range of decorative surfaces, including architectural grade plywood and veneers, hardwood lumber, laminates, acrylics, and composites for use in commercial and residential applications; specialty plywood and composite panel products for residential and commercial cabinet, countertop, store fixture, and RV and furniture industries; and other products comprising moldings, cabinet hardware, doors, millwork, adhesives, solid surface products, and decorative laminates.

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