Analyst Ratings For West Fraser Timber Co. (TSE:WFT)
Today, West Fraser Timber Co. (TSE:WFT) stock was downgraded by Royal Bank of Canada from Sector Perform to Underperform with a price target of C$53.00.
There are 1 sell rating, 5 buy ratings on the stock.
The current consensus rating on West Fraser Timber Co. (TSE:WFT) is Buy (Score: 2.67) with a consensus target price of C$62.71 per share, a potential .
Some recent analyst ratings include
- 4/26/2017-Royal Bank of Canada was Downgraded by analysts at Royal Bank of Canada from a “Sector Perform ” rating to a ” Underperform” rating. They now have a C$53.00 price target on the stock, up previously from C$55.00 .
- 4/26/2016-Dundee Securities Upgrade from a “Neutral ” rating to a ” Buy” rating.
About West Fraser Timber Co. (TSE:WFT)
West Fraser Timber Co. Ltd. is a diversified wood products company, which produces lumber (spruce-pine-fir (SPF) and southern yellow pine (SYP)), panels (plywood, medium-density fiberboard (MDF) and laminated veneer lumber (LVL)), pulp (northern bleached softwood kraft (NBSK) and bleached chemi-thermomechanical pulp (BCTMP)), newsprint, wood chips and energy. The Company’s segments include Lumber, Panels, Pulp & Paper, and Corporate & Other. It offers engineered wood products. The Company holds rights to timber resources that for supplying the fiber required by its Canadian operations and have agreements for the supply of fiber required by its United States operations. It carries on its operations through subsidiaries and joint operations in British Columbia, Alberta and the southern United States. Its operations located in western Canada manufacture all of the products except SYP lumber. Its sawmills located in the southern United States produce SYP lumber and wood chips.
Recent Trading Activity for West Fraser Timber Co. (TSE:WFT)
Shares of West Fraser Timber Co. closed the previous trading session at 59.72 down -1.58 -2.58% with 824,676 shares trading hands.