Canfor Pulp Products (TSE:CFX) Price Target Increased to C$2.75 by Analysts at Raymond James

Canfor Pulp Products (TSE:CFX) had its price target boosted by Raymond James from C$2.40 to C$2.75 in a research report report published on Friday, BayStreet.CA reports. They currently have an outperform rating on the stock.

Other research analysts have also recently issued research reports about the stock. CIBC cut their price objective on shares of Canfor Pulp Products from C$2.00 to C$1.75 and set a neutral rating for the company in a report on Friday, March 8th. Scotiabank set a C$2.00 price objective on shares of Canfor Pulp Products and gave the company a sector perform rating in a report on Monday, January 22nd. Royal Bank of Canada cut their price objective on shares of Canfor Pulp Products from C$2.00 to C$1.50 and set a sector perform rating for the company in a report on Friday. Finally, TD Securities cut their target price on shares of Canfor Pulp Products from C$2.00 to C$1.75 and set a hold rating for the company in a research note on Tuesday. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock has an average rating of Hold and an average target price of C$1.95.

Canfor Pulp Products Trading Down 0.6 %

TSE CFX opened at C$1.55 on Friday. Canfor Pulp Products has a 1 year low of C$1.30 and a 1 year high of C$2.48. The company has a debt-to-equity ratio of 32.39, a current ratio of 0.94 and a quick ratio of 0.73. The company has a fifty day moving average of C$1.59 and a 200 day moving average of C$1.69. The company has a market capitalization of C$101.11 million, a PE ratio of -1.05, a P/E/G ratio of -25.62 and a beta of 1.37.

Canfor Pulp Products (TSE:CFX) last released its quarterly earnings data on Tuesday, March 5th. The company reported C($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of C($0.33) by C$0.13. Canfor Pulp Products had a negative net margin of 10.98% and a negative return on equity of 25.14%. The company had revenue of C$193.90 million during the quarter. Research analysts forecast that Canfor Pulp Products will post 0.12 earnings per share for the current year.

Canfor Pulp Products Company Profile

Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally. It operates in two segments, Pulp and Paper. The company offers solid wood; bleached and unbleached softwood kraft pulps; and bleached, unbleached, and colored kraft papers.