West Fraser Timber traded at 98.40 this Thursday July 2nd, increasing 2.39 or 2.49 percent since the previous trading session. Looking back, over the last four weeks, West Fraser Timber gained 4.25 percent. Over the last 12 months, its price fell by 4.21 percent. Looking ahead, we forecast West Fraser Timber to be priced at 96.06 by the end of this quarter and at 89.86 in one year, according to Trading Economics global macro models projections and analysts expectations.
West Fraser Timber Co. Ltd. is a diversified wood products company. The Company produces lumber, laminated veneer lumber (LVL), medium-density fiberboard (MDF), plywood, pulp, newsprint, wood chips, other residuals, and energy with facilities in western Canada and the southern United States. The Company's segments include Lumber, Panels, Pulp & Paper, and Corporate & Other. It offers engineered wood products. The Company holds rights to timber resources that for supplying the fiber required by its Canadian operations and have agreements for the supply of fiber required by its United States operations. It carries on its operations through subsidiaries and joint operations in British Columbia, Alberta and the southern United States. Its sawmills located in the southern United States produce SYP lumber and wood chips. Its subsidiary include, Norbord Inc., manufactures wood-based panels, oriented strand board (OSB), particleboard and related products.