Weyerhaeuser Receives a Buy from BMO Capital

By Austin Angelo

BMO Capital analyst Mark Wilde reiterated a Buy rating on Weyerhaeuser (NYSE: WY) yesterday and set a price target of $36. The company’s shares opened today at $30.02.

According to TipRanks.com, Wilde is a 5-star analyst with an average return of 10.4% and a 67.2% success rate. Wilde covers the Consumer Goods sector, focusing on stocks such as Multi Packaging Solutions, Meadwestvaco Corp., and Graphic Packaging.

Weyerhaeuser has an analyst consensus of Strong Buy, with a price target consensus of $36.

Weyerhaeuser’s market cap is currently $22.21B and has a P/E ratio of 43.87. The company has a book value ratio of 2.4163.

Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2016, Catherine Slater, the SVP of WY sold 11,609 shares for a total of $369,282.

Weyerhaeuser Co. engages in the manufacture, distribution, and sale of forest products. It operates through the following segments: Timberlands, Wood Products, and Cellulose Fibers. The Timberlands segment manages private commercial forestland worldwide. This segment is engaged in growing and harvesting trees for lumber, building, pulp, paper and other wood products. The Wood Products segment delivers lumber, structural panels, engineered wood products and complementary products for residential and commercial applications. This segment offers homebuilding solutions and exports its softwood lumber and engineered building materials to Asia and Europe. The Cellulose Fibers segment produces absorbent fluff, which is used in diapers; manufactures liquid packaging board and other pulp products, which are used in the production of liquid product containers; and generates energy from black liquor produced at the mills. The company was founded by Frederick Weyerhaeuser in January 1900 and is headquartered in Federal Way, WA.