Conifex Timber (CFF) Stock Forecast & Price Target

C$0.40

-0.04 (-9.09%)

(As of 07/25/2024 ET)

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Conifex Timber - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 2 Analyst Ratings

Based on 2 Wall Street analysts who have issued ratings for Conifex Timber in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 2 analysts, 1 has given a hold rating, and 1 has given a buy rating for CFF.

Consensus Price Target

C$1.13
181.25% Upside

High Forecast	C$1.50
Average Forecast	C$1.13
Low Forecast	C$0.75

According to the 2 analysts' twelve-month price targets for Conifex Timber, the average price target is C$1.13. The highest price target for CFF is C$1.50, while the lowest price target for CFF is C$0.75. The average price target represents a forecasted upside of 181.25% from the current price of C$0.40.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	C$1.13	C$1.13	C$1.13	C$1.63
Forecasted Upside	181.25% Upside	46.10% Upside	46.10% Upside	4.50% Upside

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CFF Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CFF Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Conifex Timber Stock vs. The Competition

Type	Conifex Timber	Basic Materials Companies
Consensus Rating Score	2.50	2.64
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date	Details
7/23/2024	Raymond James 4 of 5 stars		Boost Target	Outperform	C$1.25 ➝ C$1.50	+274.99%
11/8/2023	CIBC 3 of 5 stars		Upgrade	Underperform ➝ Neutral	C$1.00 ➝ C$0.75	+15.38%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:17 AM ET.

CFF Forecast - Frequently Asked Questions

What is Conifex Timber's forecast for 2024?: According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Conifex Timber is C$1.13, with a high forecast of C$1.50 and a low forecast of C$0.75.
Should I buy or sell Conifex Timber stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Conifex Timber in the last year. There is currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CFF shares.
Does Conifex Timber's stock price have much upside?: According to analysts, Conifex Timber's stock has a predicted upside of 114.29% based on their 12-month stock forecasts.
What analysts cover Conifex Timber?: Conifex Timber has been rated by research analysts at Raymond James in the past 90 days.
Do Wall Street analysts like Conifex Timber more than its competitors?: Analysts like Conifex Timber less than other "basic materials" companies. The consensus rating score for Conifex Timber is 2.50 while the average consensus rating score for "basic materials" companies is 2.64. Learn more on how CFF compares to other companies.