Weyerhaeuser Company with ticker code (WY) have now 10 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 45 and 34 calculating the average target price we see 39.9. Now with the previous closing price of 29.41 this now indicates there is a potential upside of 35.7%. The day 50 moving average is 34.56 and the 200 day moving average is 37.67. The market capitalisation for the company is $21,462m. Company Website: https://www.weyerhaeuser.com
The potential market cap would be $29,117m 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.
