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Bullboard - Stock Discussion Forum West Fraser Timber Co Ltd T.WFG

Alternate Symbol(s):  WFG

West Fraser Timber Co. Ltd. is a diversified wood products company. The Company is engaged in manufacturing, selling, marketing and distributing lumber, engineered wood products, including oriented strand board (OSB), laminated veneer lumber (LVL), medium-density fiberboard (MDF), plywood, particleboard, pulp, newsprint, wood chips and other residuals and renewable energy. Its products are used... see more

TSX:WFG - Post Discussion

West Fraser Timber Co Ltd > Target Raised
View:
Post by retiredcf on Feb 13, 2023 8:00am

Target Raised

Credit Suisse’s Andrew Kuske raised his West Fraser Timber Co. Ltd.  target to US$97, below the US$107.33 average, from US$95 with an “outperform” rating.
Comment by retiredcf on Feb 13, 2023 10:02am
More details. GLTA “We acknowledge some housing market headwinds, however, the rate debate, housing market trends in H2 2023 and industry actions that provide an interesting risk-reward for WFG’s shares,” he said. “In general, lumber prices increased in recent weeks from past lows – that should bode well for WFG’s cash flow generation. With an industry re-balancing occurring on a potentially ...more