Analysts at Argus Maintained their Past ‘Buy’ rating on Shares Weyerhaeuser (NYSE:WY), Set a $39 TP

November 15, 2017 - By Peter Erickson

 Analysts at Argus Maintained their Past ‘Buy’ rating on Shares Weyerhaeuser (NYSE:WY), Set a $39 TP

Investors sentiment decreased to 1.01 in 2017 Q2. Its down 0.03, from 1.04 in 2017Q1. It dived, as 51 investors sold Weyerhaeuser Co shares while 269 reduced holdings. 64 funds opened positions while 258 raised stakes. 554.73 million shares or 1.32% less from 562.14 million shares in 2017Q1 were reported.

Spc Inc reported 0.52% of its portfolio in Weyerhaeuser Co (NYSE:WY). King Luther Corp has invested 0.01% of its portfolio in Weyerhaeuser Co (NYSE:WY). Liberty Mutual Gru Asset Mgmt invested in 47,906 shares or 0.07% of the stock. Stratos Wealth Limited invested in 0.03% or 14,476 shares. Cypress Asset Mgmt Tx accumulated 48,876 shares or 0.34% of the stock. Timber Creek Management Ltd Liability invested in 3.21% or 125,694 shares. 7,353 were accumulated by Jfs Wealth Advsr Lc. Cap Research Invsts holds 4.46M shares. Sasco Capital Ct reported 3.62 million shares or 3.43% of all its holdings. Raymond James Trust Na has 0.12% invested in Weyerhaeuser Co (NYSE:WY) for 47,256 shares. Wilkins Investment Counsel reported 12,800 shares or 0.14% of all its holdings. 47,398 are held by Westpac Banking Corporation. Gabelli Funds Llc, New York-based fund reported 559,000 shares. Karpas Strategies Limited Liability reported 17,598 shares. Legal & General Group Public Lc holds 0.1% or 3.60M shares in its portfolio.

Weyerhaeuser (NYSE:WY) Rating Reaffirmed

They currently have a $39 target price on Weyerhaeuser (NYSE:WY). The target price by Argus would suggest a potential upside of 8.42 % from the company’s last close price. This has been disclosed in a research note on Thursday, 2 November.

Investors sentiment decreased to 1.01 in 2017 Q2. Its down 0.03, from 1.04 in 2017Q1. It dived, as 51 investors sold Weyerhaeuser Co shares while 269 reduced holdings. 64 funds opened positions while 258 raised stakes. 554.73 million shares or 1.32% less from 562.14 million shares in 2017Q1 were reported.

Spc Inc reported 0.52% of its portfolio in Weyerhaeuser Co (NYSE:WY). King Luther Corp has invested 0.01% of its portfolio in Weyerhaeuser Co (NYSE:WY). Liberty Mutual Gru Asset Mgmt invested in 47,906 shares or 0.07% of the stock. Stratos Wealth Limited invested in 0.03% or 14,476 shares. Cypress Asset Mgmt Tx accumulated 48,876 shares or 0.34% of the stock. Timber Creek Management Ltd Liability invested in 3.21% or 125,694 shares. 7,353 were accumulated by Jfs Wealth Advsr Lc. Cap Research Invsts holds 4.46M shares. Sasco Capital Ct reported 3.62 million shares or 3.43% of all its holdings. Raymond James Trust Na has 0.12% invested in Weyerhaeuser Co (NYSE:WY) for 47,256 shares. Wilkins Investment Counsel reported 12,800 shares or 0.14% of all its holdings. 47,398 are held by Westpac Banking Corporation. Gabelli Funds Llc, New York-based fund reported 559,000 shares. Karpas Strategies Limited Liability reported 17,598 shares. Legal & General Group Public Lc holds 0.1% or 3.60M shares in its portfolio.

Weyerhaeuser Co (NYSE:WY) Ratings Coverage

Among 14 analysts covering Weyerhaeuser Company (NYSE:WY), 7 have Buy rating, 1 Sell and 6 Hold. Therefore 50% are positive. Weyerhaeuser Company has $4000 highest and $32 lowest target. $35.75’s average target is -0.61% below currents $35.97 stock price. Weyerhaeuser Company had 34 analyst reports since September 11, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, June 22 by BMO Capital Markets. The firm earned “Neutral” rating on Monday, May 9 by DA Davidson. As per Thursday, November 2, the company rating was maintained by Argus Research. As per Tuesday, May 3, the company rating was downgraded by Vertical Research. Argus Research maintained Weyerhaeuser Co (NYSE:WY) rating on Tuesday, March 15. Argus Research has “Buy” rating and $34 target. The rating was maintained by RBC Capital Markets on Friday, July 28 with “Buy”. The firm has “Neutral” rating by UBS given on Friday, October 9. The firm has “Buy” rating given on Tuesday, January 19 by Dundee Securities. As per Wednesday, July 5, the company rating was downgraded by Bank of America. The firm has “Market Perform” rating given on Monday, August 14 by BMO Capital Markets.

About 1,135 shares traded. Weyerhaeuser Co (NYSE:WY) has risen 8.94% since November 15, 2016 and is uptrending. It has underperformed by 7.76% the S&P500.

Investors wait Weyerhaeuser Co (NYSE:WY) to report on February, 2. its quarterly earnings Wall Street analysts expect $0.35 EPS, up $0.21 or 150.00 % from last year’s $0.14 same quarter earnings. This translates into $264.18M profit for WY giving the stock a 25.66 P/E. This is assuming the current $0.35 EPS is accurate. Weyerhaeuser Co’s Wall Street analysts see 2.94 % EPS growth, taking into account the $0.34 EPS reproted in the previous quarter,

Weyerhaeuser Company is a timber, land and forest products company. The company has market cap of $27.15 billion. As of December 31, 2016, the Company owned or controlled 13.1 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. It has a 72.84 P/E ratio. The Company’s divisions include Timberlands; Real Estate, Energy and Natural Resources , and Wood Products.

More recent Weyerhaeuser Co (NYSE:WY) news were published by: Seekingalpha.com which released: “$1.6B About To Pour Into Weyerhaeuser” on November 11, 2017. Also Gurufocus.com published the news titled: “Grandfield & Dodd, Llc Buys Weyerhaeuser Co, US Bancorp, M&T Bank Corp, Sells …” on November 03, 2017. Seekingalpha.com‘s news article titled: “Stick With Weyerhaeuser” with publication date: November 13, 2017 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.