▲ +17.65% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Woodbois in the last 3 months. The average price target is GBX 7, with a high forecast of GBX 8 and a low forecast of GBX 6. The average price target represents a 17.65% upside from the last price of GBX 5.95.
The current consensus among 2 polled investment analysts is to hold stock in Woodbois.
Woodbois Limited, together with its subsidiaries, engages in the forestry, timber projects, and timber trading businesses in Africa. The company is also involved in shared services and property holding activities; forestry activities; and the production, trading, and distribution of timber. It offers lumber used for making doors, windows and frames, decking, flooring, housing construction, railway sleepers, cabinet making, furniture, and high end interior finishes; veneers, which is used in the production of plywood for construction and boat-building industries; and plywood used for concrete shuttering. It operates approximately 100,000 hectares of natural forest concessions in Gabon and approximately 300,000 hectares of concessions in Mozambique. The company was formerly known as Obtala Limited and changed its name to Woodbois Limited in March 2019. Woodbois Limited was incorporated in 2007 and is headquartered in London, the United Kingdom.