Royal Bank Of Canada Boosts Western Forest Products Price Target to $18.00
Analysts at Royal Bank Of Canada have increased their price target for Western Forest Products (TSE:WEF) from C$16.00 to C$18.00 in a report released on Friday, according to BayStreet.CA.
This new target suggests a potential downside of 4.31% from the stock's previous close of C$18.81.
Western Forest Products' stock traded up C$0.07 during mid-day trading on Friday, with a trading volume of 34,655 shares compared to its average volume of 41,188.