TD Securities Lower West Fraser (WFG) PT, Keeps Buy Rating

West Fraser Timber Co. Ltd. (NYSE:WFG) is one of the 8 Best Lumber Stocks to Buy According to Hedge Funds. On July 25, TD Securities analyst Sean Steuart reduced the firm’s price target for West Fraser Timber Co. Ltd. (NYSE:WFG) from $98 to $96 while keeping a Buy rating.

This decision came after West Fraser Timber Co. Ltd. (NYSE:WFG) reported results for the second quarter of 2025. TD Securities described the report as “noisy” with EBITDA pressures worsening because of inventory write-downs.

West Fraser Timber Co. Ltd. (NYSE:WFG) said that the demand for many of its wood-based building products slowed down in Q2 2025 as spring building activity was weaker than expected.

Despite these challenges, TD Securities sees West Fraser Timber Co. Ltd. (NYSE:WFG) as a top pick in its sector.

West Fraser Timber Co. Ltd. (NYSE:WFG) is a diversified wood products company that produces lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals. The company has over 50 facilities in Canada, the United States, the United Kingdom, and Europe.

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Disclosure: None. This article is originally published at Insider Monkey.