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Wall Street Analysts Believe West Fraser Timber Co. (WFG) Could Rally 25.09%: Here's is How to Trade
The average of price targets set by Wall Street analysts indicates a potential upside of 25.1% in West Fraser Timber Co. (WFG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
West Fraser Timber Co. Ltd. (WFG) Q4 2023 Earnings Call Transcript
VANCOUVER, BC , Jan. 25, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) will hold an analysts' conference call to discuss fourth quarter 2023 financial and operating results on Thursday, February 15, 2024 at 8:30 a.m.
West Fraser (WFG) to close the Fraser Lake Sawmill post an orderly wind-down.
West Fraser (WFG) to shut down the Maxville sawmill and halt operations at the Huttig sawmill by the end of January.
Technical analysis suggests long-term pending buying signals, with potential for a sustained bullish trend over the next few years. West Fraser Timber's undervalued assets, strong balance sheet, and growth potential make it a recommended buy. The company's Q3 earnings beat has brought shares back up to $85+ level, indicating a bullish move.
West Fraser (WFG) closes the previously announced acquisition of Spray Lake Sawmills in Alberta.
West Fraser Timber Co. Ltd. (NYSE:WFG ) Q3 2023 Earnings Conference Call October 26, 2023 11:30 AM ET Company Participants Ray Ferris – President and Chief Executive Officer Sean McLaren – Chief Operating Officer Chris Virostek – Chief Financial Officer Conference Call Participants Hamir Patel – CIBC Sean Steuart – TD Securities Paul Quinn – RBC Capital Markets Ketan Mamtora – BMO Capital Markets Operator Good afternoon, ladies and gentlemen, and welcome to West Fraser's Q3 2023 Results Conference Call.
VANCOUVER, BC , Oct. 5, 2023 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) will hold an analysts' conference call to discuss third quarter 2023 financial and operating results on Thursday, October 26, 2023 at 8:30 a.m.
West Fraser (WFG) enters an agreement to sell the Quesnel River Pulp and Slave Lake Pulp mills to Atlas Holdings.