West Fraser Timber Co Ltd T.WFG

Panic-Proof Portfolio

[retiredcf]

TOP PICK

West Fraser Timber(WFG-T)

02/02/2022 at 07:00pm

 

Stockchase Research Editor: Michael O'Reilly We again reiterate this producer of lumber, pulp and paper with 60 facilities in Canada, the US, United Kingdom and Europe as a TOP PICK. Recently reported earnings again beat analyst expectations and the latest consensus calls for EPS growth of 15% over the same quarter last year, when it reports mid-month. It trades well under its peers, who are valued at 24x earnings. It pays a small dividend, backed by a payout ratio under 10% of cashflow. We recommend trailing up the stop (from $95) to $108, looking to achieve $149 -- upside potential over 18%. Yield 0.84% (Analysts’ price target is $148.32)
 

WEST COAST FORESTRY

 

The Panic-Proof Portfolio (Stockchase Research)

$125.110

Unknown

 

[Dadsaid2]

Not sure l can trust an analyst who describes WFG as a lumber, pulp & paper producer and fails to add panel production including being the biggest OSB producer in the world. Lots of not so bright people out there..lol. ..

[dosperros]

The non-export takes like this are good to gauge board sentiment. It's sort of the click bait take, but they aim to get clicks so the target dog needs to hunt. This one is so wrong it manages to be right which is impressive. Ie that WFG is the value play wrt peers. Well, no, and there are none at 24x. Timber Reits at 17x don't count either.  So it's not a fleeting discount