Norbord Inc. – Consensus Indicates Potential -20.3% Downside

Broker Ratings

Norbord Inc. with ticker code (OSB) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 36.22 and 36 with the average target price sitting at 36.11. Now with the previous closing price of 45.31 this would indicate that there is a downside of -20.3%. The 50 day MA is 42.84 and the 200 day moving average is 35.34. The market cap for the company is $3,618m. You can visit the company’s website by visiting: http://www.norbord.com

Norbord Inc. manufactures and sells wood-based panels for retail chains, contractor supply yards, and industrial manufacturers primarily in North America and Europe. The company offers oriented strand boards for use in sheathing, flooring, and roofing in home construction applications; particleboards that are used in flooring and other construction applications; and medium density fiberboards for use in cabinet doors, moldings, and interior wall paneling applications, as well as related value-added products for use in the construction of new homes, and renovation and repair of existing structures. It markets its products under the Durastrand pointSIX, Pinnacle, Stabledge, TruFlor pointSIX and TruFlor, Rimboard, SteadiTred, QuakeZone, Tallwall, Trubord and Windstorm, SolarBord, TruDeck, StableDec, SterlingOSB, Caberwood MDF, Conti, and Caberboard brand names. The company was formerly known as Nexfor Inc. and changed its name to Norbord Inc. in June 2004. Norbord Inc. was founded in 1987 and is headquartered in Toronto, Canada.

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