Brokerage Firm Rating Update on Weyerhaeuser Company (WY)

Weyerhaeuser Company (WY) : The consensus on Weyerhaeuser Company (WY) based on 8 analyst recommendation on the company stock is 2.13, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Weyerhaeuser Company (WY) : The highest level Weyerhaeuser Company (WY) is projected to reach is $36 for the short term and the lowest estimate is at $33. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $34.5 and the possibility the share price can swing is $1.31.


For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Dundee downgrades its ratings on Weyerhaeuser Company (NYSE:WY). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on August 12, 2016.

Weyerhaeuser Company (NYSE:WY): stock was range-bound between the intraday low of $31.58 and the intraday high of $32.21 after having opened at $32.21 on Wednesdays session. The stock finally closed in the red at $32.21, a loss of -0.22%. The stock remained in the red for the whole trading day. The total traded volume was 2,226,255 shares. The stock failed to cross $32.21 in Wednesdays trading. The stocks closing price on Thursday was $31.86.

Weyerhaeuser Company is a real estate investment trust (REIT). The Company is an owner of timberlands. It is principally engaged in growing and harvesting timber, as well as manufacturing, distributing and selling products made from trees. The Company owns nearly 7 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. It is engaged in the manufacturing of wood and specialty cellulose fibers products. The Companys operational segments include Timberlands, Wood Products and Cellulose Fibers. The Companys Timberlands segment manages approximately 6.9 million acres of private commercial timberlands across the world. The Wood Products segment manufactures and distributes wood products primarily in North America and Asia. The Cellulose Fibers segment is involved in the production of absorbent fluff pulp used in products, such as diapers.

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