Does Rayonier (RYN) Have the Potential to Rally 27.87% as Wall Street Analysts Expect?

Group 1 - Rayonier (RYN) closed at $22.21, with a 0.6% gain over the past four weeks, and analysts set a mean price target of $28.4, indicating a 27.9% upside potential [1] - The average of five short-term price targets ranges from a low of $24.00 to a high of $37.00, with a standard deviation of $5.03, suggesting variability in estimates [2] - Analysts show strong agreement in revising earnings estimates higher, with the Zacks Consensus Estimate for the current year increasing by 29% over the past month [11][12] Group 2 - RYN has a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - A tight clustering of price targets, indicated by a low standard deviation, suggests a high degree of agreement among analysts regarding the stock's price movement [9] - While price targets should not be the sole basis for investment decisions, they can provide a useful starting point for further research [10][14]