Today, an analyst has provided a rating update for the Materials sector company, West Fraser Timber (WFT). RBC Capital’s analyst Paul Quinn reiterates their Buy rating on the shares, with a C$77 price target.
According to TipRanks.com, Quinn is a 5-star analyst with an average return of 12.8% and a 63.8% success rate. Quinn covers the Consumer Goods sector, focusing on stocks such as Mercer International Inc, Clearwater Paper, and WestRock LLC.
Currently, the analyst consensus on West Fraser Timber is a Strong Buy with an average price target of C$76.67.
The company has a one-year high of C$95.85 and a one-year low of C$52.01. Currently, West Fraser Timber has an average volume of 392.4K.
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 Tuesday at C$56.14, close to its 52-week low of C$52.01.
