West Fraser Timber (TSE:WFG) Price Target Cut to C$96.00 by Analysts at CIBC

West Fraser Timber (TSE:WFG - Get Free Report) had its target price lowered by CIBC from C$113.00 to C$96.00 in a report issued on Tuesday,BayStreet.CA reports. CIBC's price target would indicate a potential upside of 16.43% from the stock's current price.Get West Fraser Timber alerts:West Fraser Timber Stock Down 3.2%Shares of WFG traded down C$2.71 during midday trading on Tuesday, hitting C$82.45. 105,026 shares of the company's stock traded hands, compared to its average volume of 216,207. The company has a current ratio of 1.82, a quick ratio of 2.10 and a debt-to-equity ratio of 7.39. The stock has a market capitalization of C$6.46 billion, a price-to-earnings ratio of -24.98 and a beta of 1.75. West Fraser Timber has a 1 year low of C$80.82 and a 1 year high of C$133.59. The firm's fifty day moving average is C$88.62 and its 200-day moving average is C$96.62. West Fraser Timber (TSE:WFG - Get Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The company reported C($2.63) EPS for the quarter. West Fraser Timber had a negative net margin of 1.53% and a negative return on equity of 1.33%. The business had revenue of C$1.82 billion during the quarter. As a group, sell-side analysts anticipate that West Fraser Timber will post 8.1184776 earnings per share for the current year. West Fraser Timber Company Profile (Get Free Report)West Fraser Timber CoLtd is a diversified wood products company with more than 60 facilities in Canada, the United States, the United Kingdom, and Europe. The Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, other residuals, and renewable energy.See AlsoFive stocks we like better than West Fraser TimberWhat Investors Need to Know About Upcoming IPOsBig Blue’s Big Bet: IBM Buys AI Nervous System for $11BAsset Allocation Strategies in Volatile MarketsCarvana Soars Over 10,000% From Lows—Now It’s in the S&P 500What Are Dividend Achievers? An IntroductionUiPath Surges on Earnings: Should Investors Chase the Momentum?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in West Fraser Timber Right Now?Before you consider West Fraser Timber, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and West Fraser Timber wasn't on the list.While West Fraser Timber currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here