Canfor Pulp Products (TSE:CFX) PT Lowered to C$1.25

Canfor Pulp Products (TSE:CFX) had its price target dropped by stock analysts at Royal Bank of Canada from C$1.50 to C$1.25 in a report released on Thursday, BayStreet.CA reports. Royal Bank of Canada’s price target would indicate a potential upside of 20.19% from the company’s previous close.

Other research analysts have also issued reports about the stock. Raymond James lifted their price target on shares of Canfor Pulp Products from C$2.40 to C$2.75 and gave the company an “outperform” rating in a report on Friday, April 19th. TD Securities decreased their target price on 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, April 16th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of C$1.90.

Canfor Pulp Products Stock Down 1.9 %

TSE CFX traded down C$0.02 during trading hours on Thursday, reaching C$1.04. 57,764 shares of the company traded hands, compared to its average volume of 19,997. The stock has a market capitalization of C$67.84 million, a PE ratio of -0.85, a PEG ratio of -25.62 and a beta of 1.40. Canfor Pulp Products has a 12 month low of C$1.01 and a 12 month high of C$2.36. The company has a 50 day moving average of C$1.39 and a two-hundred day moving average of C$1.56. The company has a current ratio of 0.98, a quick ratio of 0.73 and a debt-to-equity ratio of 33.65.

Canfor Pulp Products (TSE:CFX) last issued its earnings results on Wednesday, May 1st. The company reported C($0.04) EPS for the quarter. The firm had revenue of C$222.30 million during the quarter. Canfor Pulp Products had a negative return on equity of 21.31% and a negative net margin of 9.33%. As a group, equities analysts expect 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.