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Bullboard - Stock Discussion Forum West Fraser Timber Co Ltd WFG


Primary Symbol: T.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 > CIBC Upgrade
View:
Post by retiredcf on Jan 26, 2023 9:42am

CIBC Upgrade

CIBC World Markets analyst Hamir Patel upgraded a trio of stocks in his coverage universe on Thursday.

Canfor Corp.  to “outperformer” from “neutral” with a $29 target, up from $25. The average is $31.50.

Interfor Corp.  to “outperformer” from “neutral” with a $31 target, up from $27. Average: $35.33.

West Fraser Timber Co. Ltd. to “outperformer” from “neutral” with a $130 target, up from $120. Average: $132.

Comment by retiredcf on Jan 26, 2023 1:19pm
More details. GLTA As affordability improves,” CIBC World Markets analyst Hamir Patel upgraded a trio of lumber stocks on Thursday. “With housing affordability improving and a significant removal of B.C. lumber industry capacity from Canfor, we are upgrading the three major lumber companies (Canfor, Interfor and West Fraser) to Outperformer (from Neutral),” he said. “When we moved to the ...more  
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