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Bullboard - Stock Discussion Forum Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

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... see more

TSX:WEF - Post Discussion

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Post by itsalie on Apr 14, 2021 11:02am

upgrades

CIBC World Markets1 $2.50C 13 Apr 2021
 
Raymond James1 $2.35C 07 Apr 2021
 
Scotiabank1 $2.25C 03 Mar 2021
 
TD Securities1 $2.00C 22 Feb 202
 
Comment by astutein on Apr 14, 2021 11:25am
Awaiting any day for scotia call which had $2.25 on March 3.   Should be higher next call.
Comment by bbwibone on Apr 14, 2021 12:11pm
Forestry stocks not moving today, but they will. Lumber prices are going vertical. People may forget WEF has a ROE equal to or greater than WFG and will be flush with cash.
Comment by prested on Apr 15, 2021 1:26pm
Scotia has never been wrong before! Well, except when they were touting Vermillion to reach $27 and it went down to $6. Analysts are a bunch of know nothings IMO. Better off following ones own instinct and DD. That said, now we are over the $2.00 I don't think it will be long to $3.00. GLTAL
Comment by itsalie on Apr 15, 2021 2:14pm
right or wrong it adds to the momentum .. so I'd rather see a price target of 2.50 then 1.50..