Canfor Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last twelve months. There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Canfor wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Canfor saw a decline in short interest in the month of July. As of July 30th, there was short interest totaling 1,368,700 shares, a decline of 18.2% from the July 15th total of 1,672,800 shares. Based on an average daily trading volume, of 64,500 shares, the days-to-cover ratio is currently 21.2 days.
View Canfor's Short Interest.

Canfor is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for Canfor.

Canfor Co. (OTCMKTS:CFPZF) announced its quarterly earnings results on Wednesday, February, 5th. The company reported $0.35 earnings per share (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 (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CFPZF stock has increased by 224.3% and is now trading at $20.69.
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6 brokers have issued 1-year price targets for Canfor's shares. Their forecasts range from $19.47 to $45.00. On average, they expect Canfor's share price to reach $36.25 in the next twelve months. This suggests a possible upside of 75.2% 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), Conifex Timber (CFXTF), Embelton (EMB), Emerald Plantation (EMEXF), Enviva Partners (EVA), Kangaroo Island Plantation Timbers (KPT), Midway (MWY), Papyrus Australia (PPY), Pinnacle Renewable Energy (PINWF), Sonae Indústria, S.G.P.S. (SONI), Svenska Cellulosa Aktiebolaget SCA (publ) (SVCBF) and West Fraser Timber (WFTBF).
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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.
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One share of CFPZF stock can currently be purchased for approximately $20.69.

Canfor employs 7,111 workers across the globe.

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

Canfor is headquartered at 1700 West 75th Avenue, Vancouver, BC V6P.

Canfor's mailing address is 1700 West 75th Avenue, Vancouver, BC V6P. The company can be reached via phone at (604) 661-5241.