Raymond James Maintains Their Buy Rating on West Fraser Timber (WFT)


West Fraser Timber (WFT) has received a rating update from a Wall Street analyst today. Raymond James’ analyst Daryl Swetlishoff reiterates their Buy rating on the shares, with a C$80 price target.

According to TipRanks.com, Swetlishoff is ranked #5084 out of 5193 analysts.

Currently, the analyst consensus on West Fraser Timber is a Moderate Buy with an average price target of C$77.

The company has a one-year high of C$97.99 and a one-year low of C$60.44. Currently, West Fraser Timber has an average volume of 398.3K.

West Fraser Timber Co. Ltd. is an integrated wood products company. Its products include lumber, wood chips, plywood, pulp and newsprint. Its products include Spruce-Pine-Fir, laminated veneer, and southern yellow pine lumber, medium density fiberboard, plywood, treated wood, pulp and paper.

The company’s shares closed on Monday at C$63.38, close to its 52-week low of C$60.44.

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