Conifex Timber (TSE:CFF) had its price target boosted by CIBC from C$7.00 to C$8.00 in a research note published on Friday.

Separately, Royal Bank of Canada upped their price objective on Conifex Timber from C$7.00 to C$8.00 and gave the stock an outperform rating in a research report on Friday, November 10th.

Conifex Timber (CFF) opened at C$5.77 on Friday. The firm has a market capitalization of $152.53, a PE ratio of 10.12 and a beta of 0.33. Conifex Timber has a 52-week low of C$2.87 and a 52-week high of C$5.94.

In related news, insider Holdings Limited Princeton sold 124,800 shares of the stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of C$4.61, for a total transaction of C$575,328.00. Also, Director Janine Marie North purchased 10,000 shares of Conifex Timber stock in a transaction that occurred on Friday, November 10th. The shares were bought at an average cost of C$4.97 per share, with a total value of C$49,700.00.

TRADEMARK VIOLATION NOTICE: This article was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US and international trademark and copyright legislation. The original version of this article can be viewed at https://www.thecerbatgem.com/2018/01/15/conifex-timber-cff-pt-raised-to-c8-00.html.

About Conifex Timber

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.

Receive News & Stock Ratings for Conifex Timber Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Conifex Timber and related stocks with our FREE daily email newsletter.