West Fraser Timber’s share price has fallen 25.1% year to date, resulting in a trailing P/E of 2.98. Building materials have been expensive in the last two years, making trailing P/E not useful for assessing the company. I remain bullish on the use of timber and wood products in the future. Model valuation with conservative assumptions yields $81.05 fair value, a 14.7% premium over the current price.$ウェスト・フレーザー・ティンバー(WFG.US)$
Upgrades •$ファンコ(FNKO.US)$: JPMorgan Upgrades to Overweight from Neutral - PT $28 (from $25) •$サウスウエスト・エアライン(LUV.US)$: Raymond James Upgrades to Strong Buy from Outperform - PT $55 (from $57) •$メットライフ(MET.US)$: Wolfe Research Upgrades to Outperform from Peerperform •$MGICインベストメント(MTG.US)$: RBC Capital Upgrades to Outperform from Sector Perform - PT $16 (from $15) •$スノーフレーク(SNOW.US)$: JPMorgan Upgrades to Overweigh...
ウェスト・フレーザー・ティンバーに関するコメント
West Fraser: A Buy At Current Valuation
Building materials have been expensive in the last two years, making trailing P/E not useful for assessing the company.
I remain bullish on the use of timber and wood products in the future.
Model valuation with conservative assumptions yields $81.05 fair value, a 14.7% premium over the current price. $ウェスト・フレーザー・ティンバー(WFG.US)$
コラムTop upgrades and downgrades on 6/23: HD, LOW, LUV, WE and more
• $ファンコ(FNKO.US)$ : JPMorgan Upgrades to Overweight from Neutral - PT $28 (from $25)
• $サウスウエスト・エアライン(LUV.US)$ : Raymond James Upgrades to Strong Buy from Outperform - PT $55 (from $57)
• $メットライフ(MET.US)$ : Wolfe Research Upgrades to Outperform from Peerperform
• $MGICインベストメント(MTG.US)$ : RBC Capital Upgrades to Outperform from Sector Perform - PT $16 (from $15)
• $スノーフレーク(SNOW.US)$ : JPMorgan Upgrades to Overweigh...
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