West Fraser Timber (WFT) Receives a Buy from Raymond James

West Fraser Timber (WFTResearch Report) has received a rating update from a Wall Street analyst today. The company received a Buy rating from Raymond James’ analyst Daryl Swetlishoff, with a C$94 price target.

According to TipRanks.com, Swetlishoff has currently no stars on a ranking scale of 0-5 stars, with an average return of -10.4% and a 32.3% success rate. Swetlishoff covers the Basic Materials sector, focusing on stocks such as West Fraser Timber Co Ltd, Weatherford, and Norbord Inc.

West Fraser Timber has an analyst consensus of Moderate Buy, with a price target consensus of C$82.75.

The company has a one-year high of C$97.99 and a one-year low of C$60.44. Currently, West Fraser Timber has an average volume of 387.9K.

West Fraser Timber Co. Ltd. is an integrated wood products company, which produces 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 Wednesday at C$72.76.

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