Western Forest Products Inc T.WEF

Alternate Symbol(s): WFSTF

Forest Products Lumber & Wood Production

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a lumber capacity of approximately 885 million board feet from six sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company's product categories include outdoor living, exterior appearance, LIFESTYLE CEDAR, interior living, structural, industrial and WFP engineered products. Its outdoor living products include decking, timbers and fencing products. Its LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. Its WFP Engineered Products include curved and arched glulams, straight glulams, and fabricated trusses.

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Western Forest Products Inc

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Post by madmax42on May 06, 2021 10:29am

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Post# 33140196

Raymond James upgrade

* Raymond James analyst Daryl Swetlishoff raised his target for Western Forest Products Inc. (WEF-T) by 15 cents to $2.35 with an “outperform” rating. The average is $2.47.

“Our Outperform rating reflects Western’s attractive valuation, healthy dividend yield, strong balance sheet, and stable Free Cash Flow (FCF) associated with the company’s high margin product offering,” he said.

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