Tembec Inc (TMB) Price Target Increased to C$1.50 by Analysts at TD Securities
Several other brokerages have also recently commented on TMB. Royal Bank Of Canada boosted their price target on shares of Tembec from C$1.25 to C$1.75 and gave the stock an outperform rating in a research report on Friday. Scotiabank downgraded Tembec from a sector perform rating to an underperform rating and set a C$1.00 price objective on the stock. in a report on Friday, July 29th.
Tembec (TSE:TMB) opened at 1.32 on Friday. Tembec has a 12 month low of $0.78 and a 12 month high of $1.45. The firm’s 50-day moving average is $1.12 and its 200-day moving average is $1.08. The firm has a market capitalization of $132.00 million and a PE ratio of 6.60.
Tembec Company Profile
Tembec Inc is a manufacturer of forest products. The Company’s segments include Forest Products, Specialty Cellulose Pulp, Paper Pulp, Paper and Corporate. Its portfolio of products include Wood products, such as Softwood lumber, Hardwood lumber and Wood chips; Pulp, such as High-yield pulp; Specialty cellulose, such as Cellulose ethers, Cellulose acetates, Nitrocellulose and Microcrystalline cellulose; Chemical products, such as Resin and Lignosulfonates, and Paper, such as Coated bleached board and Newsprint.
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