▲ +5.18% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for CatchMark Timber Trust in the last 3 months. The average price target is $12.60, with a high forecast of $13.50 and a low forecast of $11.00. The average price target represents a 5.18% upside from the last price of $11.98.
The current consensus among 6 investment analysts is to buy stock in CatchMark Timber Trust. This rating has held steady since July 2020, when it changed from a Hold consensus rating.
CatchMark (NYSE: CTT) seeks to deliver consistent and growing per share cash flow from disciplined acquisitions and superior management of prime timberlands located in high demand U.S. mill markets. Concentrating on maximizing cash flows throughout business cycles, the company strategically harvests its high-quality timberlands to produce durable revenue growth and takes advantage of proximate mill markets, which provide a reliable outlet for merchantable inventory. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007 and owns interests in 1.5 million acres* of timberlands located in Alabama, Florida, Georgia, North Carolina, Oregon, South Carolina and Texas.