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Weyerhaeuser Co (NYSE:WY) has been downgraded to Hold in a statement by BidaskClub earlier today.

BidaskClub has downgraded Weyerhaeuser Co (NYSE:WY) to Hold in a statement released on 7/8/2017.

On 07/07/2017, Zacks Investment Research released a statement for Weyerhaeuser Co (NYSE:WY) bumped up the target price from $0.00 to $38.00 that suggested an upside of 0.17%.

Boasting a price of $32.01, Weyerhaeuser Co (NYSE:WY) traded 0.31% higher on the day. With the last stock price close down -3.36% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Weyerhaeuser Co has recorded a 50-day average of $33.12 and a two hundred day average of $33.34. Volume of trade was down over the average, with 2,027,551 shares of WY changing hands under the typical 3,024,700

Performance Chart

Weyerhaeuser Co (NYSE:WY)

With a total market value of $0, Weyerhaeuser Co has 52 week low of $28.58 and a 52 week high of $35.50 with a PE ratio of 25.33 .

In addition to BidaskClub reporting its stock price target, a total of 11 brokerages have issued a ratings update on the company. The average stock price target is $34.39 with 4 brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 4 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Weyerhaeuser Co (NYSE:WY)

Weyerhaeuser Company is a timber, land and forest products company. As of December 31, 2016, the Company owned or controlled 13.1 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. The Company's segments include Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products. The Timberlands segment's offerings include logs, timber and recreational access via leases. The Real Estate & ENR segment includes sales of timberlands; rights to explore for and extract hard minerals, oil and gas production, and coal, and equity interests in its Real Estate Development Ventures. The Wood Products segment includes the manufacturing and distribution of wood products. The Wood Products segment is engaged in softwood lumber, engineered wood products, structural panels, medium density fiberboard and building materials distribution.

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