Truist Securities has revised its price target for PotlatchDeltic (PCH, Financial), reducing it from $44 to $42, while maintaining a Hold rating on the company's shares. This adjustment reflects the broader trend of compressing multiples across the firm's coverage, driven by apprehensions surrounding tariffs and a potential economic slowdown due to diminishing consumer demand.
The analyst highlights that these economic factors have exerted pressure on stock valuations, prompting the reassessment of PotlatchDeltic's market value. Concerns over a possible recession arise from a decrease in consumer spending, which could further impact the company's performance.
Investors are advised to consider these developments when evaluating their positions in PotlatchDeltic, as the economic landscape continues to present challenges for the firm.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for PotlatchDeltic Corp (PCH, Financial) is $50.38 with a high estimate of $55.00 and a low estimate of $44.00. The average target implies an upside of 31.49% from the current price of $38.31. More detailed estimate data can be found on the PotlatchDeltic Corp (PCH) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, PotlatchDeltic Corp's (PCH, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for PotlatchDeltic Corp (PCH, Financial) in one year is $43.61, suggesting a upside of 13.83% from the current price of $38.31. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the PotlatchDeltic Corp (PCH) Summary page.
