Today, the President & CEO of Weyerhaeuser (WY), Devon Stockfish, bought shares of WY for $119.6K.
This recent transaction increases Devon Stockfish’s holding in the company by 2.41% to a total of $5.1 million.
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WY’s market cap is $17.2B and the company has a P/E ratio of 91.34. Currently, Weyerhaeuser has an average volume of 5.58M.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $32.00, reflecting a 37.9% upside. Starting in January 2019, WY received 5 Buy ratings in a row. Four different firms, including BMO Capital and RBC Capital, currently also have a Buy rating on the stock.
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Weyerhaeuser Co. engages in the manufacture, distribution and sale of forest products. It operates through the following business segments: Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR); and Wood Products.
