RE:wtf is with thisMight want to dig a bit deeper than analyst price targets. Which are fair and even conservative given pricing, but it's all about opportunity cost. Sure WFG and CFP have the same rough upside target, but WFG tends to hit it faster. So in 6 mo they hit their $180 and get a new target. I suspect Canfor is still stuck in the mud then. That's how they've managed to delver a <2% annual return *all-in* since as far as Yahoo Finance goes back. Screamingly awful -- and not gonna change.
So, peers will likely keep running circles around Canfor as Jimmy wants the other 45% for $16. He's not interested in allowing mgmt to do anything to add to shareholder value like buybacks. And mgmt doesn’t hold any meaningful equity either. So everyone is happy except bagholders who didn't do their DD. literally any other forestry name w/ comparable (% basis) lumber exposure is likely a better play.