Raymond James Trims Canfor Pulp Products (TSE:CFX) Target Price to C$20.00
Canfor Pulp Products (TSE:CFX) had its price target decreased by Raymond James from C$21.00 to C$20.00 in a report published on Tuesday, BayStreet.CA reports. Raymond James also issued estimates for Canfor Pulp Products’ Q2 2019 earnings at $0.23 EPS, Q3 2019 earnings at $0.15 EPS, FY2019 earnings at $1.12 EPS and FY2020 earnings at $2.18 EPS.
Other analysts have also issued research reports about the company. Royal Bank of Canada reaffirmed a sector perform rating and issued a GBX 485 ($6.34) price target on shares of in a research note on Tuesday, July 9th. TD Securities lowered their price objective on WPX Energy from $19.00 to $18.50 and set a buy rating for the company in a research report on Thursday, May 2nd. Finally, CIBC raised their price objective on Norbord from C$31.00 to C$35.00 in a research report on Friday, July 5th.
Shares of CFX stock opened at C$10.13 on Tuesday. The business has a fifty day simple moving average of C$10.76. Canfor Pulp Products has a 52 week low of C$9.59 and a 52 week high of C$28.12. The stock has a market capitalization of $648.60 million and a price-to-earnings ratio of 5.05. The company has a debt-to-equity ratio of 4.38, a current ratio of 2.03 and a quick ratio of 0.74.
About Canfor Pulp Products
Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products in North America, Europe, Asia, and internationally. The company operates through two segments, Pulp and Paper. It offers solid wood; bleached and unbleached softwood pulp; and bleached and unbleached kraft, and coloured kraft papers.
Receive News & Ratings for Canfor Pulp Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canfor Pulp Products and related companies with MarketBeat.com's FREE daily email newsletter.