Credit Suisse (SIX:CSGN) analyst Andrew Kuske reiterated a Sell rating on Norbord (NYSE:OSB) Inc on Friday, setting a price target of C$38, which is approximately 13.27% below the present share price of $33.4.
Kuske expects Norbord Inc to post earnings per share (EPS) of $0.25 for the third quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Norbord, with an average price target of $37.04.
The analysts price targets range from a high of $43.45 to a low of $28.97.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $467 million and a net profit of $40 million. The company's market cap is $2.7 billion.
According to TipRanks.com, Credit Suisse analyst Andrew Kuske is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.2% and a 51.33% success rate.
Norbord, Inc. engages in the manufacturing, sales, marketing and distribution of wood-based panelboards and related products. Its products are used in the construction of new homes or in the renovation and repair of existing structures. The company was founded in 1987 and is headquartered in Toronto, Canada.