Rayonier Inc has a consensus price target of $33.6 based on the ratings of 5 analysts. The high is $36 issued by Citigroup on April 6, 2023. The low is $31 issued by Truist Securities on July 16, 2024. The 3 most-recent analyst ratings were released by Truist Securities, RBC Capital, and RBC Capital on July 16, 2024, June 14, 2024, and February 2, 2024, respectively. With an average price target of $33.33 between Truist Securities, RBC Capital, and RBC Capital, there's an implied 13.84% upside for Rayonier Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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07/16/2024 | Buy Now | 5.87% | Truist Securities | Michael Roxland | $34 → $31 | Maintains | Hold | Get Alert |
06/14/2024 | Buy Now | 16.12% | RBC Capital | Matthew McKellar | $34 → $34 | Reiterates | Sector Perform → Sector Perform | Get Alert |
02/02/2024 | Buy Now | 19.54% | RBC Capital | Paul Quinn | $34 → $35 | Maintains | Sector Perform | Get Alert |
01/04/2024 | Buy Now | 16.12% | Truist Securities | Michael Roxland | $33 → $34 | Maintains | Hold | Get Alert |
12/19/2023 | Buy Now | 16.12% | RBC Capital | Paul Quinn | $32 → $34 | Maintains | Sector Perform | Get Alert |
11/02/2023 | Buy Now | 9.29% | Seaport Global | Mark Weintraub | → $32 | Upgrade | Neutral → Buy | Get Alert |
06/28/2023 | Buy Now | 12.7% | Truist Securities | Michael Roxland | → $33 | Reiterates | Hold → Hold | Get Alert |
05/16/2023 | Buy Now | 12.7% | Truist Securities | Michael Roxland | → $33 | Initiates | → Hold | Get Alert |
05/05/2023 | Buy Now | 16.12% | RBC Capital | Paul Quinn | $36 → $34 | Maintains | Sector Perform | Get Alert |
04/06/2023 | Buy Now | 22.95% | Citigroup | Michael Lapides | $39 → $36 | Maintains | Neutral | Get Alert |
11/05/2021 | Buy Now | 22.95% | RBC Capital | Paul Quinn | — | Maintains | Sector Perform | Get Alert |
The latest price target for Rayonier (NYSE:RYN) was reported by Truist Securities on July 16, 2024. The analyst firm set a price target for $31.00 expecting RYN to rise to within 12 months (a possible 5.87% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Rayonier (NYSE:RYN) was provided by Truist Securities, and Rayonier maintained their hold rating.
The last upgrade for Rayonier Inc happened on November 2, 2023 when Seaport Global raised their price target to $32. Seaport Global previously had a neutral for Rayonier Inc.
There is no last downgrade for Rayonier.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rayonier, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rayonier was filed on July 16, 2024 so you should expect the next rating to be made available sometime around July 16, 2025.
While ratings are subjective and will change, the latest Rayonier (RYN) rating was a maintained with a price target of $34.00 to $31.00. The current price Rayonier (RYN) is trading at is $29.28, which is out of the analyst’s predicted range.
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