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Raymond James upgraded Doman Building Materials to "strong-buy" with a C$12 target, citing strong results and 24% upside potential.
Raymond James Financial upgraded Doman Building Materials Group (TSE:DBM) to "strong-buy" and raised its price target to C$12.00, citing strong quarterly results with C$0.13 earnings per share, C$644.23 million in revenue, and a 12.47% return on equity.
The stock, trading at C$9.65 on March 9, 2026, showed a 24.35% upside potential, though it declined C$0.20 on higher-than-average volume.
Stifel Nicolaus maintained a "buy" rating with a C$11.50 target.
The company, a wholesale distributor of building materials, operates in construction, renovation, and industrial markets, and manages timberlands.
Analysts’ consensus remains "buy" with a C$10.81 average target.
Raymond James actualizó Doman Building Materials a "compra fuerte" con un objetivo de C $ 12, citando fuertes resultados y un potencial de alza del 24%.