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West Fraser Timber

WFGNYSE
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$87.84
3.113.67%
At Close: -
$87.84
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Q2 2024 Earnings were released on Wed Jul 24th, after the market close
The most recent conference call was at 11:30 AM, 2 days ago Click to view past webcast
Consensus Rating1
Outperform
Highest Price Target1
$109.00
Lowest Price Target1
$90.00
Consensus Price Target1
$101.00

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West Fraser Timber (NYSE:WFG) Stock, Analyst Ratings, Price Targets, Forecasts

West Fraser Timber Co.Ltd has a consensus price target of $101 based on the ratings of 4 analysts. The high is $109 issued by Credit Suisse on August 23, 2023. The low is $90 issued by RBC Capital on December 19, 2023. The 3 most-recent analyst ratings were released by RBC Capital on July 26, 2024, March 28, 2024, and February 21, 2024, respectively. With an average price target of $98 between RBC Capital, there's an implied 11.57% upside for West Fraser Timber Co.Ltd from these most-recent analyst ratings.

Analyst Trends and Forecast
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Feb
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Jul
Buy
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Sell
Strong Sell
Analyst Rating and Forecast
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4.5
Strong Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
RBC Capital
Credit Suisse
TD Securities

1calculated from analyst ratings

Analyst Ratings for West Fraser Timber

Buy NowGet Alert
07/26/2024Buy Now13.84%RBC Capital
Matthew McKellar
$97 → $100MaintainsOutperformGet Alert
03/28/2024Buy Now10.43%RBC Capital
Matthew McKellar
→ $97ReiteratesOutperform → OutperformGet Alert
02/21/2024Buy Now10.43%RBC Capital
Matthew McKellar
→ $97ReiteratesOutperform → OutperformGet Alert
12/19/2023Buy Now2.46%RBC Capital
Paul Quinn
$95 → $90MaintainsOutperformGet Alert
10/30/2023Buy Now8.15%RBC Capital
Paul Quinn
$100 → $95MaintainsOutperformGet Alert
08/23/2023Buy Now24.09%Credit Suisse
Andrew Kuske
$106.5 → $109MaintainsOutperformGet Alert
05/04/2023Buy Now5.31%Credit Suisse
Andrew Kuske
→ $92.5Reiterates → OutperformGet Alert
04/27/2023Buy Now19.54%RBC Capital
Paul Quinn
→ $105Reiterates → OutperformGet Alert
02/13/2023Buy Now10.43%Credit Suisse
Andrew Kuske
$95 → $97MaintainsOutperformGet Alert
01/24/2023Buy Now8.15%Credit Suisse
Andrew Kuske
$100 → $95UpgradeNeutral → OutperformGet Alert
11/23/2022Buy Now13.84%Credit Suisse
Andrew Kuske
→ $100Initiates → NeutralGet Alert
06/23/2022Buy Now19.54%TD Securities
Sean Steuart
$120 → $105DowngradeAction List Buy → BuyGet Alert

FAQ

Q

What is the target price for West Fraser Timber (WFG) stock?

A

The latest price target for West Fraser Timber (NYSE:WFG) was reported by RBC Capital on July 26, 2024. The analyst firm set a price target for $100.00 expecting WFG to rise to within 12 months (a possible 13.84% upside). 6 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for West Fraser Timber (WFG)?

A

The latest analyst rating for West Fraser Timber (NYSE:WFG) was provided by RBC Capital, and West Fraser Timber maintained their outperform rating.

Q

When was the last upgrade for West Fraser Timber (WFG)?

A

The last upgrade for West Fraser Timber Co.Ltd happened on January 24, 2023 when Credit Suisse raised their price target to $95. Credit Suisse previously had a neutral for West Fraser Timber Co.Ltd.

Q

When was the last downgrade for West Fraser Timber (WFG)?

A

The last downgrade for West Fraser Timber Co.Ltd happened on June 23, 2022 when TD Securities changed their price target from $120 to $105 for West Fraser Timber Co.Ltd.

Q

When is the next analyst rating going to be posted or updated for West Fraser Timber (WFG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of West Fraser Timber, 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 West Fraser Timber was filed on July 26, 2024 so you should expect the next rating to be made available sometime around July 26, 2025.

Q

Is the Analyst Rating West Fraser Timber (WFG) correct?

A

While ratings are subjective and will change, the latest West Fraser Timber (WFG) rating was a maintained with a price target of $97.00 to $100.00. The current price West Fraser Timber (WFG) is trading at is $87.84, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.