Western Forest Prod (WEF) has received a rating update from a Wall Street analyst today. Raymond James’ analyst Daryl Swetlishoff downgraded WEF to Hold , with a C$2.20 price target.
According to TipRanks.com, Swetlishoff is ranked #5187 out of 5245 analysts.
Western Forest Prod has an analyst consensus of Moderate Buy, with a price target consensus of C$2.15.
The company has a one-year high of C$2.67 and a one-year low of C$1.41. Currently, Western Forest Prod has an average volume of 616.7K.
Western Forest Products, Inc. engages in the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber and value added lumber remanufacturing. Its products include outdoor living, home components, millwork, industrial and non-residential. The company was founded in 1955 and is headquartered in Vancouver, CA.
The company’s shares closed on Tuesday at C$1.46, close to its 52-week low of C$1.41.
