Conifex Timber Inc. (CVE:CFF) had its target price raised by investment analysts at CIBC from C$5.00 to C$7.00 in a note issued to investors on Monday.

Conifex Timber has a one year low of C$6.40 and a one year high of C$9.75.

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About Conifex Timber

Conifex Timber Inc primarily manufactures and sells lumber products in the United States, China, Canada, and Japan. It operates through two segments, Lumber and Bioenergy. The Lumber segment is involved in timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and the provision of value added lumber finishing services.

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