A Look Ahead For 2 Stocks: Weyerhaeuser Company (WY), Lloyds Banking Group plc (LYG)

Shares of Weyerhaeuser Company (NYSE:WY) opened at $35.94, and ended 1.17% higher at $36.41. Nearly 4.03 million shares were traded by the close, higher than its average daily volume of 2.73 million shares.

Weyerhaeuser Company (WY) Analyst Opinion

Weyerhaeuser Company has a consensus outperform rating from 13 Wall Street analysts, and the number of shares currently sold short amount to at least 1.71% of shares outstanding. The stock spiked 6.09% last month and is up 21 this year. Wall Street is only getting more bullish on the stock, with 6 of analysts who cover WY having a buy-equivalent rating. Analysts have placed a $36.1 price target on Weyerhaeuser Company, suggesting a -0.85% decline from recent close. It’s currently trading about 0.3% above its 52-week high.

Weyerhaeuser Company Earnings Surprise

Weyerhaeuser Company (WY) surprised the stock market in its last reported earnings when it earned $0.34 a piece versus the consensus-estimated $0.32. Its revenue totaled $1.86 billion up 2.97% from the previous quarter.

Weyerhaeuser Company (NYSE:WY) Intraday View

This stock (WY) is ahead of its 52-week low with 27.2%. Its last month’s stock price volatility remained 1.43% which for the week stands at 1.32%. The share price has moved forward from its 20 days moving average, trading at a distance of 3.34% and stays 6.68% away from its 50 days moving average. Over the last five days, shares have managed 1.68% gains and now is up 8.84% since hitting its 200-day moving average of $33.46. Weyerhaeuser Company (WY) has made its way to a 12-month gain of 23.93%.

Turning to Lloyds Banking Group plc (NYSE:LYG), its shares were trading at $3.58 a retreat of $-0.01, on the trading floor. The stock, after opening at $3.55, touched a high of $3.58 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 4. Lloyds Banking Group plc has 0 buy ratings, 0 holds and 0 sells even after the stock tumbled -7.49% from its high of $3.87 to a $64.39 billion market value through last close.

Lloyds Banking Group plc (LYG) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 4 to 4 during a month. Analysts set a 12-month price target of $2.98 a share. The target implies a -16.76% decrease from where the shares are currently trading. Also, the current price highlights a discount of 35.47% to analysts’ high consensus price target.

Lloyds Banking Group plc (NYSE:LYG) Intraday Trading

The counter witnessed a trading volume of 2.09 million shares versus an average volume of 5.13 million shares during last trading session. Its last month’s stock price volatility remained 1.01% which for the week approaches 1.01%. The lowest price the stock reached in the last trading day was $3.54 and compares with the $2.78 52-week low. The stock recovered 28.86% since its low point and has performed 16.39% year-to-date.

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