Canfor Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last year. There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Canfor stock.
View analyst ratings for Canfor or view top-rated stocks.

Wall Street analysts have given Canfor a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Canfor wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Canfor saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 662,600 shares, an increase of 173.6% from the March 15th total of 242,200 shares. Based on an average trading volume of 12,300 shares, the days-to-cover ratio is presently 53.9 days.
View Canfor's Short Interest.

Canfor is scheduled to release its next quarterly earnings announcement on Friday, April 30th 2021.
View our earnings forecast for Canfor.

Canfor Co. (OTCMKTS:CFPZF) announced its quarterly earnings data on Wednesday, February, 5th. The company reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.37 by $0.02.
View Canfor's earnings history.

Canfor's stock was trading at $6.38 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CFPZF shares have increased by 313.6% and is now trading at $26.3850.
View which stocks have been most impacted by COVID-19.

6 analysts have issued 1-year target prices for Canfor's shares. Their forecasts range from $31.00 to $41.00. On average, they expect Canfor's stock price to reach $36.83 in the next twelve months. This suggests a possible upside of 39.6% from the stock's current price.
View analysts' price targets for Canfor or view top-rated stocks among Wall Street analysts.

Some companies that are related to Canfor include Acadian Timber (ACAZF), Amazonas Florestal (AZFL), ArborGen (RUBNF), Big River Industries (BRI), Embelton (EMB), Emerald Plantation (EMEXF), Enviva Partners (EVA), Kangaroo Island Plantation Timbers (KPT), Midway Limited (MWY.AX) (MWY), Papyrus Australia (PPY), Pinnacle Renewable Energy (PINWF), Sonae Indústria, S.G.P.S. (SONI), Svenska Cellulosa Aktiebolaget SCA (publ) (SVCBF), West Fraser Timber (WFG) and West Fraser Timber (WFTBF).
View all of CFPZF's competitors.

Canfor trades on the OTCMKTS under the ticker symbol "CFPZF."

Shares of CFPZF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of CFPZF stock can currently be purchased for approximately $26.39.

Canfor employs 6,766 workers across the globe.

The official website for Canfor is www.canfor.com.

The company can be reached via phone at (604) 661-5241.