Western Forest Products (OTCMKTS:WFSTF) PT Lowered to C$2.50

Western Forest Products (OTCMKTS:WFSTFGet Rating) had its price target dropped by equities researchers at Scotiabank from C$2.75 to C$2.50 in a research note issued to investors on Friday, The Fly reports.

Separately, Raymond James upgraded Western Forest Products from an “outperform” rating to a “strong-buy” rating in a report on Thursday, February 17th.

Shares of Western Forest Products stock traded down $0.10 on Friday, reaching $1.19. The company had a trading volume of 14,792 shares, compared to its average volume of 15,657. The firm’s 50-day moving average price is $1.50 and its two-hundred day moving average price is $1.58. Western Forest Products has a 1 year low of $1.19 and a 1 year high of $1.94.

Western Forest Products Company Profile (Get Rating)

Western Forest Products Inc engages in the timber harvesting, sawmilling logs into specialty lumber, value-added lumber remanufacturing, and lumber purchasing and wholesaling businesses. Its products have applications in outdoor living; exterior appearance; interior living; and structural applications.

Recommended Stories

The Fly logo

Receive News & Ratings for Western Forest Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Forest Products and related companies with MarketBeat.com's FREE daily email newsletter.