Raymond James analyst Buck Horne maintained a Buy rating on Weyerhaeuser (NYSE:WY) on Friday, setting a price target of $45, which is approximately 27.84% above the present share price of $35.2.
Horne expects Weyerhaeuser to post earnings per share (EPS) of $1.37 for the third quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Weyerhaeuser, with an average price target of $41.5.
The analysts price targets range from a high of $45 to a low of $37.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $3.14 billion and a net profit of $1.43 billion. The company's market cap is $26.39 billion.
According to TipRanks.com, Raymond James analyst Buck Horne is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.9% and a 63.80% success rate.
Weyerhaeuser Co. manufactures, distributes and sells forest products. It began its operations in 1900 and is one of the world's largest private owners of timberlands. It operates through the following business segments: Real Estate, Energy and Natural Resources and Wood Products.