RBC Capital analyst Paul Quinn maintained a Buy rating on Weyerhaeuser Company (NYSE:WY) on Sunday, setting a price target of $35, which is approximately 24.47% above the present share price of $28.12.
Quinn expects Weyerhaeuser Company to post earnings per share (EPS) of $0.00 for the fourth quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Weyerhaeuser, with an average price target of $33.67.
The analysts price targets range from a high of $35 to a low of $31.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $2.11 billion and a net profit of $595 million. The company's market cap is $20.99 billion.
According to TipRanks.com, RBC Capital analyst Paul Quinn is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.5% and a 64.86% success rate.
Weyerhaeuser Co. engages in the manufacture, distribution and sale of forest products. It operates through the following business segments: Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR); and Wood Products. The Timberlands segment manages private commercial forestland worldwide, which engages in growing and harvesting trees for lumber, building, pulp, paper and other wood products. The Real Estate & ENR segment deliver premiums to timber value by identifying and monetizing higher and better use lands and capturing the full value of surface and subsurface assets. The Wood Products segment delivers lumber, structural panels, engineered wood products and complementary building products for residential, multi-family, industrial and light commercial applications. The company was founded by Frederick Weyerhaeuser on January 18, 1900 and is headquartered in Seattle, WA.