Canfor (OTCMKTS:CFPZF – Get Free Report) is anticipated to release its resultson Wednesday, July 29th. Analysts expect Canfor to post earnings of ($0.2563) per share and revenue of $995.1930 million for the quarter.
Canfor Stock Down 1.5%
OTCMKTS CFPZF opened at $9.58 on Wednesday. The business has a 50 day simple moving average of $9.64 and a 200 day simple moving average of $9.78. Canfor has a one year low of $7.83 and a one year high of $11.83.
Analysts Set New Price Targets
A number of research firms have issued reports on CFPZF. Raymond James Financial cut Canfor from a “strong-buy” rating to an “outperform” rating in a report on Thursday, April 23rd. Royal Bank Of Canada lowered shares of Canfor to a “sector perform” rating in a research note on Thursday, April 16th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
Canfor Company Profile
Canfor Corporation is a Canada-based integrated forest products company headquartered in Vancouver, British Columbia. The company’s primary business activities include the manufacturing and distribution of softwood lumber, oriented strand board (OSB), and other wood products used in residential and commercial construction. In addition to its core lumber operations, Canfor produces northern bleached softwood kraft (NBSK) pulp, specialty papers and biofuels through its pulp and paper facilities, providing a vertically integrated offering for customers across multiple end markets.
Canfor operates an extensive network of manufacturing facilities, including lumber mills in British Columbia and Alberta, as well as in the U.S.
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