A number of firms have modified their ratings and price targets on shares of West Fraser Timber Co. (TSE: WFT) recently:

  • 10/26/2017 – West Fraser Timber Co. had its price target raised by analysts at CIBC from C$75.00 to C$80.00.
  • 10/25/2017 – West Fraser Timber Co. had its price target raised by analysts at TD Securities from C$80.00 to C$83.00. They now have a “hold” rating on the stock.
  • 10/24/2017 – West Fraser Timber Co. had its price target raised by analysts at Scotiabank from C$76.00 to C$80.00. They now have a “sector perform” rating on the stock.
  • 10/24/2017 – West Fraser Timber Co. had its price target raised by analysts at Raymond James Financial, Inc. from C$82.00 to C$84.00. They now have an “outperform” rating on the stock.
  • 10/19/2017 – West Fraser Timber Co. had its price target raised by analysts at CIBC from C$67.00 to C$75.00.
  • 10/13/2017 – West Fraser Timber Co. was downgraded by analysts at TD Securities from a “buy” rating to a “hold” rating. They now have a C$80.00 price target on the stock, up previously from C$78.00.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 10th. Investors of record on Tuesday, September 26th were paid a dividend of $0.11 per share. The ex-dividend date was Monday, September 25th. This is a positive change from West Fraser Timber Co.’s previous quarterly dividend of $0.07. This represents a $0.44 annualized dividend and a yield of 0.56%.

In other West Fraser Timber Co. news, Director Gillian Winckler bought 1,000 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The stock was acquired at an average cost of C$64.22 per share, with a total value of C$64,220.00.

West Fraser Timber Co Ltd. is a diversified wood products company, which produces lumber (spruce-pine-fir (SPF) and southern yellow pine (SYP)), panels (plywood, medium-density fiberboard (MDF) and laminated veneer lumber (LVL)), pulp (northern bleached softwood kraft (NBSK) and bleached chemi-thermomechanical pulp (BCTMP)), newsprint, wood chips and energy.

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