▲ +17.25% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Norbord in the last 3 months. The average price target is $50.57, with a high forecast of $69.00 and a low forecast of $37.00. The average price target represents a 17.25% upside from the last price of $43.13.
The current consensus among 8 contributing investment analysts is to buy stock in Norbord. This rating has held steady since May 2020, when it changed from a Hold consensus rating.
Norbord Inc. manufactures and sells wood-based panels for retail chains, contractor supply yards, and industrial manufacturers primarily in North America and Europe. The company offers oriented strand boards for use in sheathing, flooring, and roofing in home construction applications; particleboards that are used in flooring and other construction applications; and medium density fiberboards for use in cabinet doors, moldings, and interior wall paneling applications, as well as related value-added products for use in the construction of new homes, and renovation and repair of existing structures. It markets its products under the Durastrand pointSIX, Pinnacle, Stabledge, TruFlor pointSIX and TruFlor, Rimboard, SteadiTred, QuakeZone, Tallwall, Trubord and Windstorm, SolarBord, TruDeck, StableDec, SterlingOSB, Caberwood MDF, Conti, and Caberboard brand names. The company was formerly known as Nexfor Inc. and changed its name to Norbord Inc. in June 2004. Norbord Inc. was founded in 1987 and is headquartered in Toronto, Canada.