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.