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West Fraser Timber - WFG Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $119.33
  • Forecasted Upside: 37.21%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$86.97 As of 01/27/2023 01:00 AM ET
▲ +0.18 (0.21%)

This chart shows the closing price for WFG by one month, three months, or twelve months.

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Analyst Price Target for WFG

Analyst Price Target is $119.33
▲ +37.21% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for West Fraser Timber in the last 3 months. The average price target is $119.33, with a high forecast of $143.00 and a low forecast of $95.00. The average price target represents a 37.21% upside from the last price of $86.97.

This chart shows the closing price for WFG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 4 polled investment analysts is to buy stock in West Fraser Timber. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/7/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/5/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/3/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/4/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/2/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/31/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/30/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/29/2023

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/24/2023Credit Suisse GroupUpgradeNeutral ➝ Outperform$100.00 ➝ $95.00Low
11/22/2022Credit Suisse GroupInitiated CoverageNeutral$100.00Low
10/24/2022Raymond JamesDowngradeStrong-Buy ➝ OutperformLow
10/3/2022CIBCDowngradeOutperform ➝ NeutralLow
7/20/2022TD SecuritiesBoost TargetBuy$105.00 ➝ $120.00Low
6/17/2022ScotiabankLower TargetC$157.00 ➝ C$143.00Low
4/12/2022TD SecuritiesLower TargetBuy ➝ Buy$125.00 ➝ $120.00Medium
2/16/2022ScotiabankBoost TargetC$143.00 ➝ C$147.00Low
1/12/2022ScotiabankBoost TargetC$137.00 ➝ C$143.00High
1/10/2022CIBCUpgradeNeutral ➝ Buy$118.60High
10/25/2021TD SecuritiesDowngradeAction List Buy ➝ BuyC$110.00Low
10/21/2021CIBCDowngradeSector Outperform ➝ Neutral$121.00High
10/13/2021Raymond JamesBoost TargetStrong-BuyC$170.00 ➝ C$175.00Low
9/10/2021Royal Bank of CanadaReiterated RatingBuy$160.00Medium
7/30/2021TD SecuritiesBoost TargetAction List Buuy$110.00 ➝ $143.00Low
7/29/2021ScotiabankLower TargetOutperformC$142.00 ➝ C$141.00Low
7/20/2021CIBCLower TargetOutperformC$141.00 ➝ C$118.00Low
7/7/2021TD SecuritiesReiterated RatingAction List Buy$113.00High
5/10/2021BMO Capital MarketsBoost TargetOutperform$80.00 ➝ $99.00Low
4/28/2021ScotiabankReiterated RatingOutperformLow
3/26/2021TD SecuritiesUpgrade$95.00Medium
3/3/2021ScotiabankReiterated RatingOutperformLow
2/16/2021TD SecuritiesBoost Target$86.00 ➝ $91.00Low
2/16/2021ScotiabankReiterated RatingOutperformLow
2/16/2021Royal Bank of CanadaBoost Target$85.00 ➝ $100.00Low
2/2/2021ScotiabankReiterated RatingOutperformN/A
(Data available from 1/29/2018 forward)

News Sentiment Rating

1.04 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 6 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
7/3/2022
  • 3 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
8/2/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/1/2022
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/1/2022
  • 0 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/31/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/30/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/30/2022
  • 6 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/29/2023

Current Sentiment

  • 6 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

West Fraser Timber logo
West Fraser Timber Co. Ltd. is a diversified wood products company, which engages in producing lumber, engineered wood products (oriented strand board, laminated veneer lumber, medium density fiberboard, plywood, and particleboard), pulp, newsprint, wood chips, other residuals and renewable energy. Its products are used in home construction, repair and remodeling, industrial applications, papers, tissue, and box materials. The firm operates through the following segments: Lumber, North America Engineered Wood Products, Pulp & Paper, Europe Engineered Wood Products, and Corporate. The company was founded by Henry Holman Ketcham Jr, Samuel Kendall Ketcham, and William Peters Ketcham on January 28, 1955 and is headquartered in Vancouver, Canada.
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Today's Range

Now: $86.97
Low: $86.15
High: $87.98

50 Day Range

MA: $75.80
Low: $70.01
High: $86.97

52 Week Range

Now: $86.97
Low: $68.75
High: $102.96

Volume

177,916 shs

Average Volume

121,106 shs

Market Capitalization

$7.07 billion

P/E Ratio

3.71

Dividend Yield

1.38%

Beta

0.84

Frequently Asked Questions

What sell-side analysts currently cover shares of West Fraser Timber?

The following equities research analysts have issued reports on West Fraser Timber in the last twelve months: CIBC, Credit Suisse Group AG, Raymond James, Scotiabank, and TD Securities.
View the latest analyst ratings for WFG.

What is the current price target for West Fraser Timber?

3 Wall Street analysts have set twelve-month price targets for West Fraser Timber in the last year. Their average twelve-month price target is $119.33, suggesting a possible upside of 37.2%. Scotiabank has the highest price target set, predicting WFG will reach $143.00 in the next twelve months. Credit Suisse Group AG has the lowest price target set, forecasting a price of $95.00 for West Fraser Timber in the next year.
View the latest price targets for WFG.

What is the current consensus analyst rating for West Fraser Timber?

West Fraser Timber currently has 1 hold rating and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe WFG will outperform the market and that investors should add to their positions of West Fraser Timber.
View the latest ratings for WFG.

What other companies compete with West Fraser Timber?

Other companies that are similar to West Fraser Timber include United States Steel, Commercial Metals, Huntsman, Valvoline and Axalta Coating Systems. Learn More about companies similar to West Fraser Timber.

How do I contact West Fraser Timber's investor relations team?

The company's listed phone number is (604) 895-2700 and its investor relations email address is [email protected] The official website for West Fraser Timber is www.westfraser.com. Learn More about contacing West Fraser Timber investor relations.