Truist has revised its price target for Rayonier (RYN, Financial), reducing it from $30 to $27 while maintaining a Hold rating on the stock. This adjustment comes as multiples across Truist’s covered firms have contracted recently.
The firm attributes this contraction to emerging worries about tariffs and the possibility of an economic slowdown driven by declining consumer demand. These factors have prompted analysts to reassess their projections for companies like Rayonier, which operates in sectors sensitive to such economic shifts.
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.
