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RBC Capital reiterates Doman Building Materials at outperform, as Q1 adjusted EBITDA beat forecast; company could benefit from easing transport issues and strong R&R demand, while data suggest favorable North American construction materials demand outlook
Published: May 09, 2022 by RBC Capital Markets LLC
CIBC reiterates Doman Building Materials at outperformer with C$9 target; company poised to benefit from elevated demand for treated lumber across North America given record home equity levels, aging NA housing stock whose median age is about 42 years
Published: May 06, 2022 by CIBC World Markets Inc.
Doman Building Materials reports Q1 net earnings of C$42.0M, from year-ago C$34.2M, on revenues up by 63.7% to C$851.3M; company’s sales by product group in Q1 were 81% construction materials, 16% specialty and allied products, and 3% 'other'
Published: May 04, 2022 by GlobeNewswire Canada
Stifel maintains Doman Building Materials at buy and cuts target to C$9 from C$10, believes demand trends remain strong but is more cautious on recent lumber price declines, inflationary pressure, rising interest rates that could slow housing construction
Published: April 26, 2022 by Canada StockWatch
Canaccord maintains Doman Building Materials' hold rating and raises share target by C$1 to C$8, compared with average of C$10.21 target; analyst sees 'better days ahead' for company, and 2023 earnings likely to represent more normalized levels
Published: March 09, 2022 by Canada StockWatch

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