Acadian Timber Corp (TSE:ADN)‘s stock had its “sector perform” rating reissued by Scotiabank in a research note issued on Thursday. They currently have a C$18.50 target price on the stock. Scotiabank’s price objective suggests a potential downside of 5.18% from the stock’s current price.
Acadian Timber Corp (TSE:ADN) traded up 0.88% during trading on Thursday, reaching $19.51. The company had a trading volume of 6,285 shares. The firm has a market capitalization of $326.42 million and a price-to-earnings ratio of 22.25. The stock has a 50 day moving average price of $19.17 and a 200 day moving average price of $18.62. Acadian Timber Corp has a 12 month low of $16.82 and a 12 month high of $20.12.
TRADEMARK VIOLATION NOTICE: This piece of content was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece of content on another domain, it was illegally stolen and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://www.dispatchtribunal.com/2017/10/26/acadian-timber-corp-adn-given-a-c18-50-price-target-by-scotiabank-analysts.html.
About Acadian Timber Corp
Acadian Timber Corp. is a Canada-based supplier of primary forest products in Eastern Canada and the Northeastern United States. The Company owns and manages approximately 761,000 acres of freehold timberlands in New Brunswick (New Brunswick Timberlands), approximately 299,000 acres of freehold timberlands in Maine (Maine Timberlands) and provides management services relating to approximately 1.3 million acres of Crown licensed timberlands.
Receive News & Ratings for Acadian Timber Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acadian Timber Corp and related companies with MarketBeat.com's FREE daily email newsletter.