Shares of Canfor Co. (TSE:CFP - Get Free Report) have received a consensus rating of "Hold" from the seven research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is C$18.50.
CFP has been the subject of a number of research reports. Raymond James Financial cut their price objective on shares of Canfor from C$24.00 to C$22.00 and set a "strong-buy" rating for the company in a research note on Wednesday, April 30th. TD Securities upped their price target on shares of Canfor from C$17.00 to C$18.00 and gave the company a "buy" rating in a report on Monday, May 12th. Cibc World Mkts lowered shares of Canfor from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 22nd. CIBC lowered shares of Canfor from an "outperform" rating to a "neutral" rating and lowered their price target for the company from C$19.00 to C$16.00 in a report on Tuesday, April 22nd. Finally, Royal Bank Of Canada lowered their price target on shares of Canfor from C$19.00 to C$16.00 and set an "outperform" rating for the company in a report on Tuesday, April 22nd.
Get Our Latest Stock Report on Canfor
Canfor Trading Up 1.2%
Shares of Canfor stock traded up C$0.17 during trading on Friday, reaching C$14.01. The company's stock had a trading volume of 69,490 shares, compared to its average volume of 172,281. Canfor has a 52-week low of C$12.60 and a 52-week high of C$18.38. The company has a market cap of C$1.68 billion, a price-to-earnings ratio of -2.33 and a beta of 2.08. The firm's 50-day moving average is C$13.41 and its two-hundred day moving average is C$14.60. The company has a quick ratio of 2.14, a current ratio of 2.19 and a debt-to-equity ratio of 21.94.
About Canfor
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Get Free ReportCanfor Corp is a softwood lumber company that also owns around half of Canfor Pulp. It is active throughout North America, with lumber mills in British Columbia, Alberta, and the Southeastern United States. It has two reportable segments: Lumber and Pulp and Paper.
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