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CIBC Sticks to Their Hold Rating for West Fraser Timber Co (WFG)

Tipranks - Sat Aug 1, 9:58AM CDT

CIBC analyst Hamir Patel maintained a Hold rating on West Fraser Timber Co today and set a price target of C$97.00.

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Patel covers the Basic Materials sector, focusing on stocks such as Methanex, Cf Industries Holdings, and Mercer International. According to TipRanks, Patel has an average return of 16.2% and a 58.58% success rate on recommended stocks.

Currently, the analyst consensus on West Fraser Timber Co is a Strong Buy with an average price target of C$111.08.

WFG market cap is currently C$7.33B and has a P/E ratio of -3.62.

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