Canfor Pulp Products (TSE:CFX) Given New C$1.75 Price Target at TD Securities

Canfor Pulp Products (TSE:CFX - Free Report) had its price target trimmed by TD Securities from C$2.00 to C$1.75 in a report released on Tuesday morning, BayStreet.CA reports. The firm currently has a hold rating on the stock.

Several other research analysts also recently commented on CFX. Scotiabank set a C$2.00 target price on Canfor Pulp Products and gave the stock a sector perform rating in a report on Monday, January 22nd. CIBC reduced their target price on Canfor Pulp Products from C$2.00 to C$1.75 and set a neutral rating on the stock in a report on Friday, March 8th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of Hold and a consensus price target of C$2.12.

Canfor Pulp Products Price Performance

Shares of CFX stock traded up C$0.06 during trading hours on Tuesday, hitting C$1.54. The company had a trading volume of 8,600 shares, compared to its average volume of 14,012. Canfor Pulp Products has a 12 month low of C$1.30 and a 12 month high of C$2.48. The firm has a market capitalization of C$100.45 million, a price-to-earnings ratio of -1.05, a PEG ratio of -25.62 and a beta of 1.37. The firm's fifty day moving average is C$1.60 and its 200 day moving average is C$1.69. The company has a debt-to-equity ratio of 32.39, a quick ratio of 0.73 and a current ratio of 0.94.

Canfor Pulp Products (TSE:CFX - Get Free Report) last released its quarterly earnings data on Tuesday, March 5th. The company reported C($0.20) earnings per share for the quarter, beating the consensus estimate of C($0.33) by C$0.13. Canfor Pulp Products had a negative return on equity of 25.14% and a negative net margin of 10.98%. The company had revenue of C$193.90 million for the quarter. On average, sell-side analysts predict that Canfor Pulp Products will post 0.12 EPS for the current fiscal 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.