PotlatchDeltic Corporation – Co – Consensus ‘Buy’ rating and 18.3% Upside Potential

Broker Ratings
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PotlatchDeltic Corporation – Co which can be found using ticker (PCH) have now 8 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 58 and 47 with the average target price sitting at $53.50. Now with the previous closing price of $45.24 this is indicating there is a potential upside of 18.3%. The 50 day moving average now sits at $47.69 and the 200 day moving average is $46.26. The market cap for the company is $3,647m. You can visit the company’s website by visiting: https://www.potlatchdeltic.com

The potential market cap would be $4,312m based on the market consensus.

PotlatchDeltic (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) that owns nearly 2.2 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to environmental and social responsibility and to responsible governance.

The company has a dividend yield of 3.98% with the ex dividend date set at 2-3-2023 (DMY).

Other points of data to note are a P/E ratio of 18.78, revenue per share of 15.62 and a 4.73% return on assets.

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