Weyerhaeuser Company with ticker code (WY) now have 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 38 and 34 suggesting an average Analsyt target price of $36.30. Given that the stocks previous close was at $29.91 this is indicating there is a potential upside of 21.4%. The 50 day MA is $30.26 and the 200 moving average now moves to $31.92. The market capitalization for the company is $21,804m. Visit the company website at: https://www.weyerhaeuser.com
The potential market cap would be $26,462m based on the market consensus.
Weyerhaeuser Company, one of the world’s largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. We are also one of the largest manufacturers of wood products in North America. Our company is a real estate investment trust. In 2021, we generated $10.2 billion in net sales and employed approximately 9,200 people who serve customers worldwide. Our common stock trades on the New York Stock Exchange under the symbol WY.
The company has a dividend yield of 2.54% with the ex dividend date set at 2-3-2023 (DMY).
