20:45:27 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Acadian Timber Corp
Symbol ADN
Shares Issued 17,254,798
Close 2024-02-09 C$ 17.04
Market Cap C$ 294,021,758
Recent Sedar Documents

Globe says Acadian Timber kept at "sector perform"

2024-02-09 08:07 ET - In the News

The Globe and Mail reports in its Friday, Feb. 9, edition that RBC Capital analyst Paul Quinn is keeping his "sector perform" recommendation for Acadian Timber intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Quinn boosted his share target by a loonie to $18. Analysts on average target the shares at $17.83. Mr. Quinn says in a short note, "We continue to see better risk-adjusted value in other names under our coverage as we wait for Acadian to build momentum in monetizing carbon credits and develop its pipeline of renewable energy-related opportunities for upside." The Globe reported on Sept. 6, 2022, that Credit Suisse analyst Andrew Kuske had upgraded Acadian Timber to "neutral" from "underperform." The shares could then be had for $16.80. The Globe reported on Sept. 8, 2023, that Mr. Kuske was sticking with his "neutral" call for Acadian Timber, when it could be had for $18.33.

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