National Bank Financial Boosts Domtar Corp (UFS) Price Target to C$59.00

Domtar Corp (TSE:UFS) (NYSE:UFS) had its price target hoisted by National Bank Financial to C$59.00 in a research note issued to investors on Tuesday, reports. The firm currently has a sector perform rating on the stock. National Bank Financial also issued estimates for Domtar Corp’s Q4 2017 earnings at $0.81 EPS, FY2017 earnings at $3.32 EPS, FY2018 earnings at $3.65 EPS and FY2019 earnings at $3.66 EPS.

Separately, Scotiabank boosted their price objective on shares of Domtar Corp to C$50.00 and gave the stock a sector perform rating in a research note on Thursday, August 3rd. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of Hold and a consensus price target of C$59.70.

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Domtar Corp Company Profile

Domtar Corporation designs, manufactures, markets and distributes a range of fiber-based products, including communication papers, specialty and packaging papers and absorbent hygiene products. The Company segments include Pulp and Paper and Personal Care. The Pulp and Paper segment consists of the design, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.

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