Canfor Pulp Products (CFX) PT Lowered to C$17.00

Canfor Pulp Products (TSE:CFX) had its price target reduced by Royal Bank of Canada from C$20.00 to C$17.00 in a report issued on Friday, BayStreet.CA reports. Royal Bank of Canada’s target price would indicate a potential upside of 15.65% from the company’s previous close.

CFX has been the topic of a number of other reports. CIBC lowered their price target on Canfor Pulp Products from C$24.00 to C$20.00 in a research note on Monday, January 14th. Raymond James reiterated an “outperform” rating and set a C$25.00 price target on shares of Canfor Pulp Products in a research report on Friday, February 22nd.

CFX stock opened at C$14.70 on Friday. Canfor Pulp Products has a 12-month low of C$14.15 and a 12-month high of C$28.12. The stock has a market capitalization of $974.20 million and a P/E ratio of 5.20.

Canfor Pulp Products (TSE:CFX) last posted its quarterly earnings data on Thursday, February 21st. The company reported C$0.21 EPS for the quarter. The firm had revenue of C$289.70 million for the quarter. Equities research analysts anticipate that Canfor Pulp Products will post 1.90999994503878 earnings per share for the current year.

Canfor Pulp Products Company Profile

Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products in North America, Europe, Asia, and internationally. The company operates through two segments, Pulp and Paper. It offers solid wood; bleached and unbleached softwood pulp; and bleached and unbleached kraft, and coloured kraft papers.

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