Royal Bank of Canada Increases Domtar Co. (UFS.TO) (TSE:UFS) Price Target to C$35.00
Domtar Co. (UFS.TO) (TSE:UFS) (NYSE:UFS) had its target price raised by stock analysts at Royal Bank of Canada to C$35.00 in a research report issued on Tuesday, Stock Target Advisor reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank of Canada’s target price would suggest a potential downside of 18.98% from the stock’s current price.
Separately, Raymond James lifted their target price on Domtar Co. (UFS.TO) to C$34.00 and gave the company a “market perform” rating in a research report on Tuesday.
TSE:UFS opened at C$43.20 on Tuesday. The company has a debt-to-equity ratio of 51.64, a quick ratio of 0.90 and a current ratio of 3.09. The stock’s 50-day simple moving average is C$41.03 and its 200 day simple moving average is C$37.92. The company has a market cap of C$2.38 billion and a P/E ratio of -18.82. Domtar Co. has a 52-week low of C$25.29 and a 52-week high of C$45.99.
Domtar Co. (UFS.TO) Company Profile
Domtar Corporation designs, manufactures, markets, and distributes communication papers, specialty and packaging papers, and absorbent hygiene products in the United States, Canada, Europe, Asia, and internationally. It operates through two segments, Pulp and Paper, and Personal Care. The company provides business papers, including copy and electronic imaging papers used in inkjet and laser printers, photocopiers, and plain-paper fax machines, as well as computer papers, preprinted forms, and digital papers for office and home use.
Recommended Story: Special Purpose Acquisition Company (SPAC)
Receive News & Ratings for Domtar Co. (UFS.TO) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domtar Co. (UFS.TO) and related companies with MarketBeat.com's FREE daily email newsletter.