The Implied Analyst 12-Month Target For NANR
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 17 2024
0mins
Source: NASDAQ.COM
- ETF Analyst Target Prices:
- ETF holdings compared to analyst target prices.
- Implied analyst target price for SPDR S&P North American Natural Resources ETF is $62.79 per unit.
- NANR trading at $57.33 per unit suggests 9.53% upside according to analysts.
- Notable holdings with upside: WFG, NTR, CTVA.
- Combined, these holdings represent 11.55% of the ETF.
Analyst Views on WFG
Wall Street analysts forecast WFG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WFG is 80.70 USD with a low forecast of 69.11 USD and a high forecast of 88.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 70.470
Low
69.11
Averages
80.70
High
88.00
Current: 70.470
Low
69.11
Averages
80.70
High
88.00
About WFG
West Fraser Timber Co. Ltd. is a Canada-based diversified wood products company. The Company is engaged in manufacturing, selling, marketing and distributing lumber, engineered wood products such as oriented strand board (OSB), laminated veneer lumber (LVL), medium-density fiberboard (MDF), plywood, particleboard, pulp, newsprint, wood chips and other residuals. Its products are used in home construction, repair and remodeling, industrial applications, paper and tissue. Its segments include Lumber, North America engineered wood products (NA EWP), Pulp & Paper and Europe EWP. The Company’s business comprises lumber mills, OSB facilities, plywood facilities, MDF facilities, particleboard facilities, LVL facilities, veneer facilities, and pulp and paper mills. The Company operates approximately 58 facilities in Canada, the United States, the United Kingdom and Europe.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
