DA Davidson Upgrades Plum Creek Timber to Buy (PCL)

By admin | 6 years ago

Plum Creek Timber (NYSE: PCL) was upgraded by equities research analysts at DA Davidson from a “neutral” rating to a “buy” rating in a research note issued to investors on Thursday.

Separately, analysts at Zacks reiterated a “neutral” rating on shares of Plum Creek Timber in a research note to investors on Tuesday, May 1st. They now have a $44.00 price target on the stock.

Shares of Plum Creek Timber traded up 0.44% during mid-day trading on Thursday, hitting $36.81. Plum Creek Timber has a one year low of $33.02 and a one year high of $42.10. The company has a market cap of $5.945 billion and a P/E ratio of 32.18.

Plum Creek Timber Company, Inc. (Plum Creek) is a private timberland owner in the United States. As of December 31, 2009, Plum Creek owned 7 million acres of timberlands located in 19 states.

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