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BidaskClub downgraded Potlatch Corporation (NASDAQ:PCH) to Hold in a statement released earlier today.

BidaskClub has downgraded Potlatch Corporation (NASDAQ:PCH) to Hold in a statement released on 7/08/2017.

Having a price of $45.65, Potlatch Corporation (NASDAQ:PCH) traded -0.11% lower on the day. With the last close up 2.76% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the same period. Potlatch Corporation has recorded a 50-day average of $47.00 and a two hundred day average of $45.44. Volume of trade was down over the average, with 236,396 shares of PCH changing hands under the typical 269,019

Performance Chart

Potlatch Corporation (NASDAQ:PCH)

With a total market value of $0, Potlatch Corporation has 52 week low of $35.38 and a 52 week high of $49.00 with a PE ratio of 23.11 .

In addition to BidaskClub reporting its target price, a total of 6 firms have issued a report on the company. The average stock price target is $39.33 with 2 brokers rating the company a strong buy, three equity analysts rating the company a buy, zero analysts rating the company a hold, one analyst rating the company a underperform, and lastly zero analysts rating the company a sell.

More About Potlatch Corporation (NASDAQ:PCH)

Potlatch Corporation is a real estate investment trust (REIT), which is primarily engaged in activities associated with timberland management, including the sale of timber, management of timberlands, and purchase and sale of timberlands. The Company is also engaged in the manufacture and sale of wood products. It operates through three segments: Resource, Wood Products and Real Estate. Its primary objectives include using its timberland investments to generate income and maximizing the long-term value of its assets. Its Resource segment manages its timberlands. Its Wood Products segment manufactures and markets lumber, plywood and residual products at mills located in Arkansas, Idaho, Michigan and Minnesota. The activities of its Real Estate segment consist primarily of the sale of non-core timberlands in the categories of higher and better use (HBU), rural recreational real estate and non-strategic properties.

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