Analyst Price Target is C$17.80
▲ +15.28% 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$17.80, with a high forecast of C$20.00 and a low forecast of C$16.00. The average price target represents a 15.28% upside from the last price of C$15.44.
Current Consensus is
Hold
The current consensus among 5 investment analysts is to hold stock in Western Forest Products. This Hold consensus rating has held steady for over two years.
Western is an integrated forest products company building a margin-focused log and lumber business to compete successfully in global softwood markets. With operations and employees located primarily on the coast of British Columbia and Washington State, Western is a premier supplier of high-value, specialty forest products to worldwide markets. Western has a lumber capacity of 785 million board feet from five sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company sources timber from its long-term licences, First Nations arrangements, and market purchases. Western supplements its production through a wholesale program providing customers with a comprehensive range of specialty products.
Read More