4 Analysts Have This To Say About PotlatchDeltic
Portfolio Pulse from Benzinga Insights
PotlatchDeltic (NASDAQ:PCH) was analyzed by 4 analysts, with all maintaining an 'Indifferent' rating. The average 12-month price target is now $49.25, down from $52.33, indicating a 5.89% decrease. Analysts from Truist Securities and RBC Capital adjusted their price targets, with Truist raising their target to $51.00 from $50.00 and then lowering it to $50.00 from $55.00, while RBC Capital lowered their target to $48.00 from $52.00. PotlatchDeltic is a REIT with segments in timberlands, wood products, and real estate, facing revenue challenges and below-average profitability metrics.
January 04, 2024 | 9:00 pm
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NEGATIVE IMPACT
PotlatchDeltic's average price target was lowered to $49.25, indicating a negative sentiment among analysts. The company faces revenue decline and profitability challenges.
The unanimous 'Indifferent' rating from analysts and the reduction in the average price target suggest a bearish outlook for PCH in the short term. The company's revenue decline and below-average profitability metrics are likely to negatively impact investor sentiment and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100