Western Forest Products (WEF) Set to Announce Earnings on Thursday

Western Forest Products (TSE:WEF) is scheduled to post its quarterly earnings results after the market closes on Thursday, February 15th.

Western Forest Products (TSE:WEF) opened at C$2.71 on Thursday. Western Forest Products has a fifty-two week low of C$1.96 and a fifty-two week high of C$2.90. The company has a market cap of $1,070.00, a P/E ratio of 11.78 and a beta of 0.80.

A number of research analysts recently issued reports on the stock. Raymond James Financial raised shares of Western Forest Products from an “outperform” rating to a “strong-buy” rating in a research note on Tuesday, January 30th. CIBC raised shares of Western Forest Products from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from C$3.00 to C$3.25 in a research note on Friday, January 12th. Finally, Scotiabank lifted their price objective on shares of Western Forest Products from C$2.85 to C$2.90 and gave the company an “outperform” rating in a research note on Friday, November 3rd. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Western Forest Products presently has an average rating of “Buy” and a consensus price target of C$2.98.

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Western Forest Products Company Profile

Western Forest Products Inc operates as an integrated softwood forest products company. The company’s activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. It offers products of various tree species, such as western red cedar, hem-fir, douglas fir, yellow cedar, and sitka spruce.

Earnings History for Western Forest Products (TSE:WEF)

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