Benoit Laprade, analyst at Scotiabank, reiterates coverage on West Fraser Timber Co (WFG) in the Basic Materials sector with a Buy rating. TipRanks.com has Laprade rated as a 4 star analyst with a 6% return on investment and a 63% success rate. Laprade has set a price target of $109.67 .
TipRanks.com reports that WFG currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $111.09 . The target pricing ranges from a high forecast of $125.00 down to a low forecast of $94.68 .
WFG’s last closing price was $68.53 which would put the average price target at 62.10% upside.
In addition, TradingView issued a rating for WFG over the next month.
Remember, securities are volatile, so please do your own research on WFG.
Other analysts covering WFG include:
- Hamir Patel of CIBC issued a buy rate with the price target of $94.68 on August 2nd
- Paul Quinn of RBC Capitalissued a buy rate with the price target of $125 in July
If you are interest in stocks like WFG or stocks in the Basic Materials sector, please click here.
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