West Fraser Timber (TSE:WFG) Given New C$96.00 Price Target at CIBC

West Fraser Timber (TSE:WFG) had its price target reduced by CIBC from C$113.00 to C$96.00 in a research note published on Tuesday,BayStreet.CA reports.

West Fraser Timber Stock Down 3.1%

West Fraser Timber stock opened at C$82.52 on Tuesday. The firm has a market cap of C$6.47 billion, a price-to-earnings ratio of -25.01 and a beta of 1.75. West Fraser Timber has a 52-week low of C$80.82 and a 52-week high of C$133.59. The company has a debt-to-equity ratio of 7.39, a quick ratio of 2.10 and a current ratio of 1.82. The firm has a 50 day moving average price of C$88.38 and a two-hundred day moving average price of C$96.49.

West Fraser Timber (TSE:WFG) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported C($2.63) EPS for the quarter. West Fraser Timber had a negative net margin of 1.53% and a negative return on equity of 1.33%. The firm had revenue of C$1.82 billion during the quarter. Equities analysts predict that West Fraser Timber will post 8.1184776 EPS for the current year.

About West Fraser Timber

West Fraser Timber CoLtd is a diversified wood products company with more than 60 facilities in Canada, the United States, the United Kingdom, and Europe. The Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, other residuals, and renewable energy.