PotlatchDeltic Corporation – Co which can be found using ticker (PCH) have now 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 58 and 47 calculating the average target price we see $53.75. Given that the stocks previous close was at $48.89 this would imply there is now a potential upside of 9.9%. It’s also worth noting that there is a 50 day moving average of $47.84 and the 200 day moving average is $46.13. The company has a market capitalization of $3,919m. Company Website: https://www.potlatchdeltic.com
The potential market cap would be $4,309m based on the market consensus.
PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns 1.8 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi. 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 3.68% with the ex dividend date set at 2-3-2023 (DMY).
Other points of data to note are a P/E ratio of 10.66, revenue per share of 18.3 and a 8.91% return on assets.
