Royal Bank of Canada Lowers Canfor Pulp Products (CFX) Price Target to C$20.00

Canfor Pulp Products (TSE:CFX) had its price target cut by Royal Bank of Canada from C$26.00 to C$20.00 in a research report sent to investors on Tuesday morning.

CFX has been the subject of several other reports. CIBC dropped their target price on shares of Canfor Pulp Products from C$27.00 to C$24.00 in a research report on Monday, October 29th. TD Securities dropped their target price on shares of Canfor Pulp Products from C$27.00 to C$24.00 and set a hold rating for the company in a research report on Friday, October 26th. Five research analysts have rated the stock with a hold rating, Canfor Pulp Products presently has an average rating of Hold and an average price target of C$22.50.

Shares of TSE:CFX opened at C$17.10 on Tuesday. Canfor Pulp Products has a 12 month low of C$13.00 and a 12 month high of C$28.12.

Canfor Pulp Products (TSE:CFX) last issued its earnings results on Wednesday, October 24th. The company reported C$0.66 EPS for the quarter. The firm had revenue of C$328.50 million during the quarter. On average, analysts forecast that Canfor Pulp Products will post 2.11000018163917 EPS for the current fiscal year.

In other Canfor Pulp Products news, Director Peter John Gerald Bentley purchased 10,000 shares of the firm’s stock in a transaction on Monday, November 26th. The stock was purchased at an average cost of C$19.53 per share, for a total transaction of C$195,300.00.

Canfor Pulp Products Company Profile

Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products worldwide. 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. The company also supplies fiber products; and produces green energy.

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Analyst Recommendations for Canfor Pulp Products (TSE:CFX)

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