Analyst Price Target is C$0.63
▲ +45.35% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Western Forest Products in the last 3 months. The average price target is C$0.63, with a high forecast of C$0.80 and a low forecast of C$0.50. The average price target represents a 45.35% upside from the last price of C$0.43.
Current Consensus is
Hold
The current consensus among 3 investment analysts is to hold stock in Western Forest Products. This rating has held steady since May 2023, when it changed from a Moderate Buy consensus rating.
Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprised of Timber harvesting, Log sales, and Lumber manufacturing and sales. The firm purchases and harvests logs which are then manufactured into lumber products at its sawmills, or sold. Canada and the United States, represent the company's largest markets and contribute the vast majority of its total revenue.
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