Could West Fraser Timber Co. Ltd. Decline After Today’s Huge Increase?


The stock of West Fraser Timber Co. Ltd. (TSE:WFT) is a huge mover today! About 138,289 shares traded hands. West Fraser Timber Co. Ltd. (TSE:WFT) has declined 13.23% since February 5, 2016 and is downtrending. It has underperformed by 29.72% the S&P500.
The move comes after 5 months positive chart setup for the $3.07B company. It was reported on Sep, 13 by We have $51.47 PT which if reached, will make TSE:WFT worth $828.90M more.

Out of 4 analysts covering West Fraser Timber Co. Ltd. (TSE:WFT), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. $71 is the highest target while $40 is the lowest. The $52.75 average target is 30.15% above today’s ($40.53) stock price. West Fraser Timber Co. Ltd. has been the topic of 11 analyst reports since October 1, 2015 according to StockzIntelligence Inc.

West Fraser Timber Co. Ltd. is a Canada integrated wood products firm producing lumber, wood chips, laminated veneer lumber , medium density fiberboard (MDF), plywood, pulp, energy and newsprint. The company has a market cap of $3.07 billion. The Firm has activities in western Canada and the southern United States. It has a 21.96 P/E ratio. The Company’s operating divisions are Lumber, Panels, and Pulp and Paper.

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