Royal Bank of Canada lowered shares of Western Forest Products (OTCMKTS:WFSTF – Get Rating) from an outperform rating to a sector perform rating in a research note released on Tuesday morning, The Fly reports.

Separately, TD Securities lowered their price objective on Western Forest Products from C$2.25 to C$1.75 in a research report on Thursday, June 23rd.

Western Forest Products Price Performance

Shares of WFSTF opened at $0.89 on Tuesday. The business's 50 day moving average price is $1.09 and its 200-day moving average price is $1.26. Western Forest Products has a 52 week low of $0.89 and a 52 week high of $1.86.

Western Forest Products Cuts Dividend

Western Forest Products Company Profile

(Get Rating)

Western Forest Products Inc engages in the timber harvesting, sawmilling logs into specialty lumber, value-added lumber remanufacturing, and lumber purchasing and wholesaling businesses. Its products have applications in outdoor living; exterior appearance; interior living; and structural applications.

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