RBC Capital has revised its price target for Rayonier (RYN, Financial), lowering it from $30 to $28 while maintaining a Sector Perform rating. The decision comes as the broader economic outlook has grown more uncertain, particularly due to ongoing concerns about tariffs and trade, which have been spotlighted in recent months.
The firm highlights that the demand trajectory for Rayonier and its peers in the Paper & Forest Products sector could play a crucial role in shaping future performance. This factor may have as much impact as the direct consequences of tariff implementations on the industry, according to RBC's analysis.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Rayonier Inc (RYN, Financial) is $31.17 with a high estimate of $38.00 and a low estimate of $27.00. The average target implies an upside of 26.54% from the current price of $24.63. More detailed estimate data can be found on the Rayonier Inc (RYN) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Rayonier Inc's (RYN, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Rayonier Inc (RYN, Financial) in one year is $22.21, suggesting a downside of 9.83% from the current price of $24.63. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Rayonier Inc (RYN) Summary page.