According to Zacks, “Cornerstone Building Brands Inc. is the manufacturer of exterior building products primarily in North America. The company manufactures windows, vinyl siding, insulated metal panels, metal roofing and wall systems and metal accessories. Cornerstone Building Brands Inc., formerly known as NCI Building Systems Inc., is headquartered in Cary, North Carolina. “
CNR has been the subject of several other research reports. Raymond James restated an average rating and set a $135.00 price target on shares of China Metro Rural in a research report on Wednesday, July 24th. Barclays restated a hold rating and set a $5.00 price target on shares of China Metro Rural in a research report on Monday, August 12th. Finally, BMO Capital Markets upped their price target on shares of China Metro Rural from $125.00 to $126.00 and gave the stock a market perform rating in a research report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of $98.50.
In related news, Director Gary L. Forbes acquired 10,000 shares of the stock in a transaction that occurred on Friday, May 31st. The stock was purchased at an average price of $4.45 per share, with a total value of $44,500.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Jeffrey S. Lee acquired 80,000 shares of the stock in a transaction that occurred on Monday, July 8th. The shares were bought at an average cost of $5.85 per share, with a total value of $468,000.00. The disclosure for this purchase can be found here. In the last three months, insiders bought 328,500 shares of company stock valued at $1,541,030.
China Metro Rural Company Profile
China Metro-Rural Holdings Limited is a developer and operator of integrated agricultural logistics and trade centers in China. The Company’s segments include agricultural logistics, and rural-urban migration and city re-development. The Company’s agricultural logistics business includes development and operation of integrated agricultural logistics and trade centers and supporting facilities, and property management, which engages in the management of developed properties within the logistics platforms, known as China Northeast Logistics Cities.
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