A number of other research firms also recently issued reports on CFP. CIBC lifted their price target on Canfor from C$30.00 to C$32.00 in a research note on Tuesday. Royal Bank of Canada lifted their price target on Canfor from C$26.00 to C$33.00 and gave the company a sector perform rating in a research note on Monday. Scotiabank lifted their price target on Canfor from C$26.50 to C$27.00 and gave the company a sector perform rating in a research note on Friday, February 23rd. Finally, Raymond James Financial lifted their price target on Canfor from C$17.00 to C$17.50 and gave the company an outperform rating in a research note on Friday, February 23rd. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Canfor presently has an average rating of Hold and a consensus target price of C$29.10.
Canfor (CFP) opened at C$31.15 on Tuesday. The stock has a market capitalization of $4,010.00, a PE ratio of 11.93 and a beta of 1.95. Canfor has a 12 month low of C$16.87 and a 12 month high of C$31.87.
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Canfor Corporation is an integrated forest products company. The Company produces softwood lumber, pulp and paper products, remanufactured lumber products, engineered wood products, wood pellets and energy. Its segments include lumber, and pulp and paper. Its lumber segment includes logging operations, and manufacturing and sale of various grades, widths and lengths of lumber, engineered wood products, wood chips and wood pellets.
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