CanWel Building Materials Group Ltd (TSE:CWX) Director Harry Rosenfeld purchased 3,695 shares of the firm’s stock in a transaction dated Tuesday, November 13th. The stock was bought at an average cost of C$4.86 per share, with a total value of C$17,957.70.

Shares of CanWel Building Materials Group stock remained flat at $C$4.77 on Tuesday. The company had a trading volume of 261,394 shares, compared to its average volume of 174,195. CanWel Building Materials Group Ltd has a 52 week low of C$4.60 and a 52 week high of C$7.50. The company has a debt-to-equity ratio of 99.27, a quick ratio of 1.38 and a current ratio of 3.16.

Several brokerages have recently weighed in on CWX. Raymond James decreased their price target on CanWel Building Materials Group from C$7.00 to C$6.50 in a research note on Tuesday. CIBC decreased their price target on CanWel Building Materials Group from C$6.00 to C$5.50 in a research note on Tuesday. Royal Bank of Canada decreased their price target on CanWel Building Materials Group from C$7.00 to C$6.50 and set an “outperform” rating for the company in a research note on Monday. National Bank Financial cut their target price on CanWel Building Materials Group from C$7.50 to C$7.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Canaccord Genuity cut their target price on CanWel Building Materials Group from C$7.50 to C$6.50 and set a “buy” rating on the stock in a research report on Monday, October 1st. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of C$6.40.

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About CanWel Building Materials Group

CanWel Building Materials Group Ltd., through its subsidiaries, distributes building materials and home renovation products in Canada, Hawaii, and the Western United States. It operates through two segments, Building Materials Distribution and Forestry. The company sells adhesives; decking and railing; engineered wood products; fasteners; foundation; insulation; interior finishing; building envelope; lumber, plywood, OSB, and specialty industrial products; roofing and accessories; treated wood; exterior trim and d├ęcor products; welded panels; profiles and colors; fusion stones; exterior products; sidings, panels, shingles, and trims; and security and door ware products.

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