Canfor Pulp Products Inc (TSE:CFX) Receives C$13.30 Average PT from Brokerages
Shares of Canfor Pulp Products Inc (TSE:CFX) have been given a consensus rating of “Buy” by the six research firms that are currently covering the company. Two investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is C$13.30.
CFX has been the topic of several analyst reports. CIBC dropped their target price on Canfor Pulp Products from C$15.00 to C$14.00 in a report on Friday, July 29th. TD Securities reissued a “buy” rating and issued a C$13.50 target price on shares of Canfor Pulp Products in a report on Thursday, July 28th. Finally, Scotiabank dropped their target price on Canfor Pulp Products from C$13.75 to C$12.75 and set an “outperform” rating on the stock in a report on Wednesday, July 27th.
Canfor Pulp Products (TSE:CFX) opened at 10.19 on Thursday. The firm has a 50-day moving average price of $10.37 and a 200 day moving average price of $10.56. Canfor Pulp Products has a 52 week low of $9.05 and a 52 week high of $14.62. The company has a market cap of $679.66 million and a P/E ratio of 8.16.
About Canfor Pulp Products
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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