Conifex Timber Inc (CFF) Insider Sells C$575,328.00 in Stock
Conifex Timber Inc (TSE:CFF) insider Holdings Limited Princeton sold 124,800 shares of the stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of C$4.61, for a total value of C$575,328.00.
Conifex Timber Inc (TSE CFF) opened at C$5.25 on Friday. Conifex Timber Inc has a 52-week low of C$2.75 and a 52-week high of C$5.25.
Several brokerages recently weighed in on CFF. Royal Bank Of Canada increased their target price on Conifex Timber from C$7.00 to C$8.00 and gave the company an “outperform” rating in a report on Friday. CIBC increased their target price on Conifex Timber from C$4.50 to C$5.00 in a report on Thursday, October 19th. Finally, TD Securities upped their price target on Conifex Timber from C$3.75 to C$4.00 and gave the company a “hold” rating in a research report on Friday, August 11th.
Conifex Timber Inc is a forestry company. The Company’s segments include Lumber, Bioenergy and Corporate & other. The Lumber segment’s primary activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and lumber finishing. In its Lumber segment, the Company owns three sawmill complexes in British Columbia, one in Fort St.
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