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Scotia Capital maintains Western Forest at sector perform and cuts target to C$2.50 from C$2.75, noting lumber prices expectedly fell from high levels but could beat projections for Q2; SPF prices could stabilize soon as buyers to likely resume purchases
Published: June 20, 2022 by Canada StockWatch
CIBC maintains Western Forest Products at neutral and lifts target to C$2.50 from C$2.25 on higher estimates, noting company poised to benefit from improving R&R demand; with upcoming CEO retirement, transformational M&A seems less likely over coming year
Published: May 10, 2022 by CIBC World Markets Inc.
RBC Capital reiterates Western Forest Products' outperform rating and C$2.75 target, noting in-line Q1 adjusted EBITDA, favorable pricing backdrop and financial flexibility; easing of transportation issues should be a tailwind to Q2 results
Published: May 10, 2022 by RBC Capital Markets LLC
Western Forest Products Q1 2022 Earnings Call - Transcript
Published: May 06, 2022 by Refinitiv
Western Forest Products reports Q1 net income of C$38.0M, from year-ago C$53.8M, on revenue up 11.5% to C$359.6M; company realized record average lumber price of C$1,688/mbf and strong specialty product markets helped offset global logistics constraints
Published: May 05, 2022 by Canada Newswire

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