Merrill Lynch Downgrades Potlatch Corp. to SellBy Jason Carr
According to TipRanks.com, Staphos is a 3-star analyst with an average return of 2.3% and a 56.9% success rate. Staphos covers the Consumer Goods sector, focusing on stocks such as Avery Dennison Corp., Meadwestvaco Corp., and Graphic Packaging.
Potlatch Corp. has an analyst consensus of Moderate Sell.
The company has a one year high of $43.60 and a one year low of $24.01. Currently, Potlatch Corp. has an average volume of 268.7K.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PCH in relation to earlier this year. Most recently, in February 2016, Larry Peiros, a Director at PCH bought 5,000 shares for a total of $140,000.
Potlatch Corp. is as a real estate investment trust, which owns and manages acres of timberlands. It operates through the following segments: Resource, Wood Products, and Real Estate. The Resource segment includes planting and harvesting trees; building and maintaining roads; hunting leases; recreation permits; biomass production; and carbon sequestration. The Wood Products segment produces and trades lumber, plywood, and residuals. The Real Estate segment markets and sells land holdings. The company was founded in 1903 and is headquartered in Spokane, WA.