02:46 PM EST, 03/08/2024 (MT Newswires) -- While shifting expectations on rate relief have weighed on the wood products group's share prices, RBC views current valuations as attractive.

Top pick in Canada remains Interfor ( IFSPF ) , although a tightening wood products market should be a tailwind across the group.

Other Outperform-rated wood products producers include Canfor ( CFPZF ) and West Fraser Timber ( WFG ) . All three companies are trading below their longterm averages on an EV/Trend EBITDA basis, RBC adds.

Price: 16.24, Change: -0.51, Percent Change: -3.04