Scotia Capital raised the target price of West Fraser Timber Co (TSE:WFT) to $67.00 indicating a possible upside of 0.05%.
Previously on Thursday July 06, 2017, Bernstein reported on West Fraser Timber Co (TSE:WFT) raised the target price from $0.00 to $5.00. At the time, this suggested an upside of 0.27%.
West Fraser Timber Co has price-earnings ratio of 12.85 with a one year low of $38.18 and a one year high of $65.88 and has a market cap of $0.
In addition to Scotia Capital reporting its target price, a total of 6 brokerages have issued a ratings update on the company. The average stock price target is $40.40 with one equity analyst rating the company a strong buy, three analysts rating the company a buy, two analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
More About West Fraser Timber Co (TSE:WFT)
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. The Company's segments include Lumber, Panels, Pulp & Paper, and Corporate & Other. It offers engineered wood products. The Company holds rights to timber resources that for supplying the fiber required by its Canadian operations and have agreements for the supply of fiber required by its United States operations. It carries on its operations through subsidiaries and joint operations in British Columbia, Alberta and the southern United States. Its operations located in western Canada manufacture all of the products except SYP lumber. Its sawmills located in the southern United States produce SYP lumber and wood chips.
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