The Canfor Pulp Products Inc (CFX) Receives C$12.21 Consensus Target Price from Analysts

The Canfor Pulp Products Inc (CFX) Receives C$12.21 Consensus Target Price from Analysts

Canfor Pulp Products Inc (TSE:CFX) has earned a consensus recommendation of “Buy” from the seven brokerages that are covering the stock. One research analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is C$12.21.

Several research analysts have issued reports on the company. Royal Bank Of Canada cut their price objective on Canfor Pulp Products from C$11.00 to C$10.00 in a research report on Friday, January 6th. RBC Capital Markets cut their price objective on Canfor Pulp Products from C$11.00 to C$10.00 in a research report on Friday, January 6th. CIBC cut their price objective on Canfor Pulp Products from C$14.00 to C$12.00 in a research report on Wednesday, November 2nd. TD Securities reiterated a “buy” rating and issued a C$13.00 price objective on shares of Canfor Pulp Products in a research report on Friday, October 28th. Finally, Scotiabank reiterated an “outperform” rating and issued a C$13.00 price objective on shares of Canfor Pulp Products in a research report on Thursday, October 27th.

Canfor Pulp Products (TSE:CFX) opened at 10.69 on Tuesday. Canfor Pulp Products has a 12 month low of $9.05 and a 12 month high of $12.65. The stock’s 50 day moving average is $10.21 and its 200 day moving average is $10.29. The firm has a market cap of $713.01 million and a PE ratio of 9.42.

Canfor Pulp Products Company Profile

Canfor Pulp Products Inc is a Canada-based supplier of pulp and paper products with the operations based in the central interior of British Columbia. The Company operates in two segments: Pulp and Paper. The Company’s Pulp segment includes its approximately four pulp mills, such as the Northwood pulp mill, the Intercontinental pulp mill, pulp produced at the Prince George pulp and paper mill, and the Taylor pulp mill.

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