Conifex Timber Inc. (CFF) Price Target Cut to C$3.00
Conifex Timber Inc. (TSE:CFF) had its price target decreased by research analysts at Royal Bank Of Canada from C$3.50 to C$3.00 in a note issued to investors on Thursday. The brokerage currently has a “sector perform” rating on the stock.
CFF has been the topic of several other reports. TD Securities lifted their price target on shares of Conifex Timber from C$3.75 to C$4.00 and gave the stock a “hold” rating in a research note on Friday, August 5th. Raymond James Financial Inc. lifted their price target on shares of Conifex Timber from C$4.50 to C$5.00 and gave the stock an “outperform” rating in a research note on Friday, August 5th. Finally, CIBC lifted their price target on shares of Conifex Timber from C$4.50 to C$5.00 in a research note on Wednesday, August 10th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of C$3.81.
Conifex Timber (TSE:CFF) opened at 3.00 on Thursday. The company’s 50-day moving average is $3.25 and its 200 day moving average is $3.29. The company has a market capitalization of $60.49 million and a price-to-earnings ratio of 1.04. Conifex Timber has a 52 week low of $1.50 and a 52 week high of $3.74.
Conifex Timber Company Profile
Conifex Timber Inc is a Canada-based forestry company. The Company operates two business segments: Lumber and Bioenergy. The Lumber segment includes timber harvesting, reforestation, forest management, and the manufacture, sale and distribution of dimension lumber. The Lumber segment operates approximately three sawmill complexes in British Columbia, over one in Fort St.
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