Raymond James Financial Raises West Fraser Timber (TSE:WFT) Price Target to C$94.00

West Fraser Timber (TSE:WFT) had its price objective lifted by Raymond James Financial from C$88.00 to C$94.00 in a research note issued to investors on Tuesday, January 30th.

WFT has been the topic of a number of other research reports. CIBC upgraded West Fraser Timber from a neutral rating to an outperform rating and boosted their target price for the stock from C$80.00 to C$99.00 in a research note on Friday, January 12th. TD Securities boosted their target price on West Fraser Timber from C$80.00 to C$83.00 and gave the stock a hold rating in a research note on Wednesday, October 25th. Royal Bank of Canada upgraded West Fraser Timber from an underperform rating to a sector perform rating and upped their price objective for the company from C$60.00 to C$80.00 in a research note on Friday, January 12th. Finally, Scotiabank upped their price objective on West Fraser Timber from C$80.00 to C$82.00 and gave the company a sector perform rating in a research note on Friday, November 3rd. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. West Fraser Timber presently has an average rating of Hold and a consensus target price of C$85.00.

West Fraser Timber (TSE WFT) opened at C$86.36 on Tuesday. The stock has a market capitalization of $6,320.00, a PE ratio of 13.60 and a beta of 1.51. West Fraser Timber has a 12 month low of C$51.84 and a 12 month high of C$88.98.

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West Fraser Timber Company Profile

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.

Analyst Recommendations for West Fraser Timber (TSE:WFT)

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