Domtar Corp’s (UFS) “Outperform” Rating Reaffirmed at Royal Bank Of Canada
Other research analysts also recently issued research reports about the stock. TD Securities upped their price target on shares of Domtar Corp from C$41.00 to C$42.00 and gave the stock a hold rating in a research 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 analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of C$43.70.
Domtar Corp (TSE:UFS) opened at 49.87 on Tuesday. The firm’s 50-day moving average is $48.47 and its 200 day moving average is $48.88. Domtar Corp has a 1-year low of $41.62 and a 1-year high of $56.23. The firm has a market cap of $3.12 billion and a PE ratio of 34.85.
The business also recently declared a quarterly dividend, which will be paid on Monday, October 17th. Stockholders of record on Monday, October 17th will be paid a $0.415 dividend. The ex-dividend date of this dividend is Thursday, September 29th. This represents a $1.66 dividend on an annualized basis 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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