CIBC analyst Hamir Patel has revised the price target for West Fraser Timber (WFG, Financial), adjusting it downward from C$170 to C$142. Despite this reduction, the analyst maintains an "Outperformer" rating for the stock. This update reflects a recalibration of expectations while still signaling confidence in the company's potential future performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for West Fraser Timber Co.Ltd (WFG, Financial) is $102.00 with a high estimate of $105.00 and a low estimate of $99.00. The average target implies an upside of 37.26% from the current price of $74.31. More detailed estimate data can be found on the West Fraser Timber Co.Ltd (WFG) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, West Fraser Timber Co.Ltd's (WFG, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" 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 West Fraser Timber Co.Ltd (WFG, Financial) in one year is $73.94, suggesting a downside of 0.5% from the current price of $74.31. 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 West Fraser Timber Co.Ltd (WFG) Summary page.
