Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

CFRA downgrades Weyerhaeuser (WY) to a Sell

Tipranks - Fri Mar 13, 11:46AM CDT

Weyerhaeuser received a Sell rating and price target from CFRA analyst today.

Claim 70% Off TipRanks Premium

Currently, the analyst consensus on Weyerhaeuser is a Moderate Buy with an average price target of $30.17.

Based on Weyerhaeuser’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.54 billion and a net profit of $74 million. In comparison, last year the company earned a revenue of $1.71 billion and had a net profit of $81 million

Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WY in relation to earlier this year. Last month, Richard Beckwitt, a Director at WY bought 20,000.00 shares for a total of $514,000.00.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.