Other equities analysts also recently issued reports about the company. Raymond James reduced their price target on Western Forest Products from C$1.60 to C$1.00 in a report on Monday. TD Securities reduced their price target on Western Forest Products from C$3.50 to C$3.25 and set a buy rating for the company in a report on Tuesday, August 7th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of C$2.60.
Shares of TSE:WEF opened at C$1.83 on Monday. Western Forest Products has a 1-year low of C$1.79 and a 1-year high of C$2.95.
Western Forest Products Company Profile
Western Forest Products Inc operates as an integrated forest products company. The company is involved in timber harvesting, sawmilling logs into specialty lumber, and value-added lumber remanufacturing. It offers lumber and logs from various tree species, such as western red cedar, hem-fir, Douglas fir, yellow cedar, and Sitka spruce.
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