Weyerhaeuser Company with ticker code (WY) have now 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 50 and 40 with the average target price sitting at 43.72. Given that the stocks previous close was at 37.89 this would imply there is a potential upside of 15.4%. The 50 day MA is 39.32 and the 200 day moving average is 36.96. The company has a market capitalisation of $29,700m. Company Website: https://www.weyerhaeuser.com
The potential market cap would be $34,269m based on the market concensus.
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 2020, we generated $7.5 billion in net sales and employed approximately 9,400 people who serve customers worldwide. We are listed on the Dow Jones Sustainability North America Index. Our common stock trades on the New York Stock Exchange under the symbol WY.
