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TD Cowen names West Fraser a 'top pick,' expects it to benefit from surging North American structural panel prices toward end of the quarter; most lumber-weighted equities are undervalued, despite plateauing interest rates and new home construction trends
Published: April 17, 2024 by Canada StockWatch
CIBC reaffirms West Fraser's outperformer rating and raises target by C$9 to C$140, but lowers estimates for wood products companies on weaker-than-expected benchmark prices and lower volume/higher cost assumptions following recent channel checks
Published: April 16, 2024 by Canada StockWatch
RBC highlights paper products news for week of April 7: West Fraser and Mercer dissolve 50/50 JV in Cariboo Pulp & Paper; recovered paper prices hit the brakes; Metsa provides updates on Finnish mills, begins to ramp up pulp production at Joutseno mill
Published: April 11, 2024 by RBC Capital Markets LLC
Lake Babine Nation Forestry signs development deal with West Fraser to combine portions from Bulkley, Morice Timber Supply Areas in British Columbia to transfer into single First Nations Woodland License; move to empower LBN Forestry to manage forests
Published: April 10, 2024 by West Fraser Timber Co. Ltd.
West Fraser Timber becomes sole owner of British Columbia-based Cariboo Pulp and Paper after dissolution of JV with Mercer International; Cariboo Pulp and Paper has capacity to produce up to 340,000 tonnes of Northern Bleached Softwood Kraft pulp annually
Published: April 08, 2024 by Marketline - Deals

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