Weyerhaeuser Co (NYSE:WY) stock price target increased to $37.00, issued a research note today by Goldman Sachs Group Inc.
- Updated: September 22, 2016
Having a price of $30.34, Weyerhaeuser Co (NYSE:WY) traded 1.27% higher on the day. With the last close down -1.93% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Weyerhaeuser Co has recorded a 50-day average of $31.44 and a two hundred day average of $30.94. Volume of trade was down over the average, with 2,949,514 shares of WY changing hands under the typical 4,311,560
In a report released on 9/22/2016 Goldman Sachs Group Inc. increased the stock price target of Weyerhaeuser Co (NYSE:WY) to $37.00 indicating a possible upside of 0.22%.
With a total market value of $0, Weyerhaeuser Co has price-earnings ratio of 39.10 with a one year low of $22.06 and a one year high of $33.17 .
A total of 11 analysts have released a report on Weyerhaeuser Co. Four analysts rating the company a strong buy, four analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $34.39.
More About Weyerhaeuser Co (NYSE:WY)
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. Its segments include Timberlands, Wood Products and Cellulose Fibers. It owns approximately seven 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. Its Timberlands products include logs, timberland, timber, minerals, oil and gas, and other products, which includes seed and seedlings, recreational leases, as well as plywood and hardwood lumber. Its wood products include structural lumber, engineered wood products, structural panels and complimentary building products. Its Cellulose Fibers products are pulp and liquid packaging board.
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