Weyerhaeuser Company (NYSE:WY) target price upped to $37.00, released a research note earlier today by Goldman Sachs
- Updated: September 24, 2016
Goldman Sachs upped the price target of Weyerhaeuser Company (NYSE:WY) to $37.00 reporting a possible upside of 0.22%.
Boasting a price of $30.34, Weyerhaeuser Company (NYSE:WY) traded 0.31% higher on the day. With the last stock price close down 3.88% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $31.41 and a 200-day moving average of $30.98. 4,392,893 shares of Weyerhaeuser Company exchanged hands, up from an avg. volume of 4,287,600
Weyerhaeuser Company has 52 week low of $22.06 and a 52 week high of $33.17 with a PE ratio of 41.47 and has a market capitalization of $0.
Also covering Weyerhaeuser Company's price target, a total of 11 equity analysts have released a research note on the company. The average stock price target is $34.39 with 4 firms rating the stock a strong buy, 4 equity analysts rating the company a buy, four brokerages rating the company a hold, zero analysts rating the company a underperform, and finally 0 brokerages rating the company a sell.
General Company Details For Weyerhaeuser Company (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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.