Royal Bank Of Canada reiterated their outperform rating on shares of Domtar Corp (TSE:UFS) in a research report released on Tuesday, StockTargetPrices.com reports.
Other equities research analysts also recently issued reports about the company. TD Securities lifted their target price on Domtar Corp from C$41.00 to C$42.00 and gave the stock a hold rating in a report on Thursday, July 28th. Goldman Sachs Group Inc. started coverage on Domtar Corp in a report on Thursday, September 22nd. They set a neutral rating for the company. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of C$43.70.
Domtar Corp (TSE:UFS) opened at 49.87 on Tuesday. The firm has a market capitalization of $3.12 billion and a price-to-earnings ratio of 34.85. Domtar Corp has a 12 month low of $41.62 and a 12 month high of $56.23. The company has a 50 day moving average price of $48.47 and a 200 day moving average price of $48.88.
The business also recently announced a quarterly dividend, which will be paid on Monday, October 17th. Investors of record on Monday, October 17th will be given a dividend of $0.415 per share. The ex-dividend date of this dividend is Thursday, September 29th. This represents a $1.66 annualized dividend and a dividend yield of 3.33%.
Domtar Corp Company Profile
Domtar Corporation designs, manufactures, markets and distributes a range of fiber-based products, including communication papers, specialty and packaging papers and absorbent hygiene products. The Company operates through two business segments: Pulp and Paper, and Personal Care. Its Pulp and Paper segment is engaged in the designing, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.
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