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TSE:WEF - Western Forest Products Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$2.22
  • Forecasted Upside: 8.29 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$2.05 As of 04/22/2021 01:00 AM ET
+0.30 (1.20%)
1 month | 3 months | 12 months
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Analyst Price Target for WEF

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
C$2.22
▲ +8.29% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Western Forest Products in the last 3 months. The average price target is C$2.22, with a high forecast of C$2.50 and a low forecast of C$2.00. The average price target represents a 8.29% upside from the last price of C$2.05.
Buy
The current consensus among 5 polled investment analysts is to buy stock in Western Forest Products. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/30/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/28/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/27/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/26/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/24/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/22/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/23/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/22/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetDetails
4/13/2021CIBCBoost Price TargetOutperformC$1.90 ➝ C$2.50
i
4/7/2021Raymond JamesBoost Price TargetOutperformC$1.85 ➝ C$2.35
i
3/3/2021ScotiabankBoost Price TargetC$2.00 ➝ C$2.25
i
2/22/2021TD SecuritiesBoost Price TargetBuyC$1.75 ➝ C$2.00
i
2/22/2021Royal Bank of CanadaBoost Price TargetOutperformC$1.50 ➝ C$2.00
i
2/19/2021Raymond JamesBoost Price TargetOutperformC$1.75 ➝ C$1.85
i
2/19/2021ScotiabankBoost Price TargetC$1.50 ➝ C$2.00
i
2/4/2021CIBCBoost Price TargetC$1.50 ➝ C$1.70
i
1/13/2021Raymond JamesBoost Price TargetOutperformC$1.50 ➝ C$1.75
i
1/6/2021ScotiabankBoost Price TargetC$1.25 ➝ C$1.50
i
1/6/2021TD SecuritiesBoost Price TargetHold ➝ NAC$1.05 ➝ C$1.65
i
12/29/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$1.00 ➝ C$1.50
i
12/23/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$1.00 ➝ C$1.50
i
12/18/2020CIBCUpgradeNeutral ➝ OutperformC$1.20 ➝ C$1.50
i
12/10/2020Raymond JamesBoost Price TargetOutperformC$1.40 ➝ C$1.50
i
11/9/2020TD SecuritiesLower Price TargetHoldC$1.15 ➝ C$1.05
i
11/6/2020Raymond JamesSet Price TargetOutperformC$1.40
i
10/2/2020ScotiabankDowngradeOutperform ➝ Sector PerformC$1.30 ➝ C$1.25
i
9/17/2020ScotiabankLower Price TargetC$1.40 ➝ C$1.30
i
9/3/2020ScotiabankBoost Price TargetC$1.25 ➝ C$1.40
i
8/25/2020CIBCBoost Price TargetC$1.20 ➝ C$1.40
i
8/19/2020Raymond JamesBoost Price TargetOutperformC$1.25 ➝ C$1.40
i
8/10/2020TD SecuritiesBoost Price TargetHoldC$1.00 ➝ C$1.25
i
8/7/2020Raymond JamesSet Price TargetOutperformC$1.25
i
7/15/2020Raymond JamesBoost Price TargetOutperformC$1.15 ➝ C$1.25
i
7/10/2020Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$1.00
i
6/19/2020TD SecuritiesBoost Price TargetC$0.90 ➝ C$0.95
i
6/4/2020Raymond JamesBoost Price TargetOutperformC$1.05 ➝ C$1.15
i
5/8/2020Raymond JamesBoost Price TargetOutperformC$0.80 ➝ C$1.05
i
5/8/2020TD SecuritiesBoost Price TargetHoldC$0.75 ➝ C$0.90
i
4/16/2020Royal Bank of CanadaLower Price TargetC$1.25 ➝ C$1.00
i
4/14/2020CIBCLower Price TargetC$1.00 ➝ C$0.90
i
4/7/2020Raymond JamesLower Price TargetOutperformC$1.50 ➝ C$0.80
i
3/24/2020ScotiabankLower Price TargetC$1.75 ➝ C$1.50
i
3/17/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$1.25
i
3/17/2020Raymond JamesSet Price TargetOutperformC$1.50
i
2/14/2020CIBCBoost Price TargetC$1.25 ➝ C$1.50
i
2/13/2020Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$1.00 ➝ C$1.25
i
2/13/2020TD SecuritiesBoost Price TargetHoldC$1.25 ➝ C$1.50
i
2/11/2020Raymond JamesReiterated RatingOutperformC$1.50
i
12/18/2019ScotiabankLower Price TargetC$1.75 ➝ C$1.50
i
11/7/2019Raymond JamesReiterated RatingOutperformC$2.00
i
10/11/2019CIBCLower Price TargetC$1.50 ➝ C$1.25
i
9/17/2019Raymond JamesUpgradeMarket Perform ➝ OutperformC$2.10
i
8/7/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$2.00 ➝ C$1.50
i
8/7/2019CIBCLower Price TargetC$1.75 ➝ C$1.50
i
8/6/2019TD SecuritiesLower Price TargetHoldC$1.75 ➝ C$1.50
i
8/2/2019Raymond JamesLower Price TargetMarket PerformC$2.20 ➝ C$2.10
i
7/16/2019Raymond JamesDowngradeOutperform ➝ Market PerformC$2.30 ➝ C$2.20
i
7/9/2019Royal Bank of CanadaLower Price TargetC$2.25 ➝ C$2.00
i
6/7/2019CIBCLower Price TargetC$2.00 ➝ C$1.75
i
5/6/2019ScotiabankReiterated RatingAverageC$2.25
i
5/3/2019Royal Bank of CanadaLower Price TargetOutperformC$2.50 ➝ C$2.25
i
5/2/2019Raymond JamesReiterated RatingOutperformC$2.30
i
4/22/2019Raymond JamesLower Price TargetBuyC$2.40 ➝ C$2.30
i
4/17/2019TD SecuritiesDowngradeBuy ➝ HoldC$2.25 ➝ C$2.00
i
4/3/2019Raymond JamesLower Price TargetC$2.60 ➝ C$2.40
i
2/15/2019CIBCLower Price TargetC$2.25 ➝ C$2.00
i
2/14/2019TD SecuritiesLower Price TargetBuyC$2.50 ➝ C$2.25
i
2/13/2019Raymond JamesSet Price TargetOutperformC$2.60
i
1/22/2019Raymond JamesDowngradeStrong-Buy ➝ OutperformC$3.00 ➝ C$2.60
i
1/8/2019Royal Bank of CanadaLower Price TargetC$2.75 ➝ C$2.50
i
11/21/2018Raymond JamesReiterated RatingStrong-BuyC$3.00
i
11/9/2018ScotiabankReiterated RatingBuy ➝ AverageC$2.75
i
10/15/2018CIBCLower Price TargetC$2.50 ➝ C$2.25
i
10/15/2018Raymond JamesLower Price TargetC$1.60 ➝ C$1.00
i
9/19/2018CIBCDowngradeOutperform ➝ NeutralC$3.00 ➝ C$2.50
i
8/8/2018CIBCLower Price TargetC$3.25 ➝ C$3.00
i
8/7/2018TD SecuritiesLower Price TargetBuyC$3.50 ➝ C$3.25
i
5/4/2018Royal Bank of CanadaBoost Price TargetOutperformC$3.00 ➝ C$3.25
i
5/3/2018ScotiabankBoost Price TargetOutperformC$3.00 ➝ C$3.25
i
4/10/2018Raymond JamesBoost Price TargetC$3.35 ➝ C$3.40
i
4/2/2018Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$3.00
i
2/20/2018TD SecuritiesBoost Price TargetBuyC$3.25 ➝ C$3.50
i
2/20/2018Royal Bank of CanadaBoost Price TargetSector PerformC$2.50 ➝ C$3.00
i
2/16/2018ScotiabankBoost Price TargetOutperformC$2.90 ➝ C$3.00
i
1/30/2018Raymond JamesUpgradeOutperform ➝ Strong-Buy
i
1/12/2018CIBCUpgradeNeutral ➝ OutperformC$3.00 ➝ C$3.25
i
11/3/2017Raymond JamesBoost Price TargetOutperformC$3.25 ➝ C$3.50
i
11/3/2017ScotiabankBoost Price TargetOutperformC$2.85 ➝ C$2.90
i
9/25/2017CIBCDowngradeOutperform ➝ Neutral
i
8/4/2017TD SecuritiesBoost Price TargetBuyC$2.75 ➝ C$3.00
i
8/3/2017ScotiabankBoost Price TargetOutperformC$2.45 ➝ C$2.55
i
8/3/2017Raymond JamesBoost Price TargetStrong-BuyC$2.75 ➝ C$3.10
i
6/6/2017CIBCBoost Price TargetNeutral ➝ OutperformC$2.50 ➝ C$2.75
i
5/10/2017CIBCBoost Price TargetC$2.25 ➝ C$2.50
i
5/5/2017TD SecuritiesReiterated RatingBuyC$2.75
i
5/4/2017ScotiabankReiterated RatingOutperformC$2.45
i
4/19/2017Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$2.25
i
2/23/2017CIBCBoost Price TargetC$1.85 ➝ C$2.00
i
2/21/2017TD SecuritiesReiterated RatingBuyC$2.50
i
2/21/2017Royal Bank of CanadaReiterated RatingOutperformC$2.25
i
2/17/2017Raymond JamesReiterated RatingOutperformC$2.50
i
2/17/2017ScotiabankReiterated RatingOutperformC$2.50
i
1/26/2017ScotiabankReiterated RatingOutperformC$2.50
i
1/24/2017CIBCLower Price TargetC$2.25 ➝ C$1.85
i
1/6/2017Royal Bank of CanadaLower Price TargetC$2.50 ➝ C$2.25
i
11/17/2016ScotiabankReiterated RatingOutperformC$2.50
i
11/8/2016CIBCLower Price TargetC$2.50 ➝ C$2.25
i
11/7/2016TD SecuritiesReiterated RatingBuyC$2.50
i
11/7/2016Royal Bank of CanadaLower Price TargetOutperformC$2.75 ➝ C$2.50
i
11/4/2016ScotiabankReiterated RatingOutperformC$2.50
i
10/12/2016CIBCDowngradeOutperform ➝ Sector Perform
i
8/5/2016TD SecuritiesReiterated RatingBuyC$2.50
i
8/4/2016ScotiabankReiterated RatingOutperformC$2.50
i
7/7/2016Raymond JamesLower Price TargetC$2.50 ➝ C$2.25
i
5/9/2016TD SecuritiesBoost Price TargetBuyC$2.50 ➝ C$2.75
i
(Data available from 4/22/2016 forward)
Western Forest Products logo
Western Forest Products Inc. operates as an integrated softwood forest products company. It is involved in the timber harvesting, sawmilling logs into specialty lumber, value-added lumber remanufacturing, and lumber purchasing and wholesaling. The company offers various products for outdoor living space, such as structures, decking, landscaping, and fencing; home components, including appearance and structural timbers, Japanese housing, and framing, as well as siding, paneling, trim, and soffits; and furniture, moldings, and decorative purpose, as well as doors, windows, and stair components. It also provides its products for cross arms and transmission arms, mat stock, bridges, docks and railway ties, and packaging and crating; and architectural fixtures, lam stock, and timbers. The company sells its products in Canada, the United States, China, Japan, Europe, and internationally. Western Forest Products Inc. was incorporated in 2004 and is headquartered in Vancouver, Canada.
Read More

Today's Range

Now: C$2.05
C$2.03
C$2.08

50 Day Range

MA: C$1.85
C$1.58
C$2.18

52 Week Range

Now: C$2.05
C$0.69
C$2.20

Volume

664,220 shs

Average Volume

978,619 shs

Market Capitalization

C$769.23 million

P/E Ratio

23.30

Dividend Yield

1.59%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Western Forest Products?

The following Wall Street sell-side analysts have issued stock ratings on Western Forest Products in the last twelve months: CIBC, Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for WEF.

What is the current price target for Western Forest Products?

5 Wall Street analysts have set twelve-month price targets for Western Forest Products in the last year. Their average twelve-month price target is C$2.22, suggesting a possible upside of 6.7%. CIBC has the highest price target set, predicting WEF will reach C$2.50 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of C$2.00 for Western Forest Products in the next year.
View the latest price targets for WEF.

What is the current consensus analyst rating for Western Forest Products?

Western Forest Products currently has 1 hold rating and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe WEF will outperform the market and that investors should add to their positions of Western Forest Products.
View the latest ratings for WEF.

What other companies compete with Western Forest Products?

Other companies that are similar to Western Forest Products include Aggreko, IHI, Proto Labs, Arconic, Brady, PrairieSky Royalty, Greif, ESCO Technologies, SPX FLOW, Albany International, Mueller Industries, Barnes Group, Grafton Group, KUKA Aktiengesellschaft and O-I Glass.

How do I contact Western Forest Products' investor relations team?

Western Forest Products' physical mailing address is Suite 510 - 700 West Georgia Street TD Tower, P.O. Box 10032, VANCOUVER, BC V6E 3P3, Canada. The company's listed phone number is +1-604-6484500. The official website for Western Forest Products is www.westernforest.com.