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Scotiabank Keeps Their Buy Rating on West Fraser Timber Co (WFG)

Tipranks - Fri May 1, 8:44AM CDT

In a report released today, Ben Isaacson from Scotiabank maintained a Buy rating on West Fraser Timber Co, with a price target of $90.00.

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Isaacson covers the Basic Materials sector, focusing on stocks such as Mosaic Co, Cf Industries Holdings, and Nutrien. According to TipRanks, Isaacson has an average return of 9.5% and a 49.76% success rate on recommended stocks.

In addition to Scotiabank, West Fraser Timber Co also received a Buy from BMO Capital’s Ketan Mamtora in a report issued on April 20. However, on April 23, Raymond James downgraded West Fraser Timber Co (NYSE: WFG) to a Hold.

WFG market cap is currently C$6.76B and has a P/E ratio of -7.08.

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