Canfor Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last twelve months. There are currently 4 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 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 is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Canfor.

Canfor Co. (TSE:CFP) announced its quarterly earnings results on Wednesday, July, 26th. The company reported $0.78 EPS for the quarter, beating the Zacks' consensus estimate of $0.52 by $0.26. The business earned $1.19 billion during the quarter.
View Canfor's earnings history.

Canfor's stock was trading at C$8.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CFP stock has increased by 218.8% and is now trading at C$27.58.
View which stocks have been most impacted by COVID-19.

5 Wall Street analysts have issued 1-year price targets for Canfor's shares. Their forecasts range from C$34.00 to C$50.00. On average, they expect Canfor's share price to reach C$41.33 in the next year. This suggests a possible upside of 49.9% 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 Pinnacle Renewable Energy (PL), Acadian Timber (ADN), Acadian Timber (ACAZF), Amazonas Florestal (AZFL), ArborGen (RUBNF), Big River Industries (BRI), Canfor (CFPZF), Conifex Timber (CFXTF), Embelton (EMB), Emerald Plantation (EMEXF), Enviva Partners (EVA), Kangaroo Island Plantation Timbers (KPT), Midway (MWY), Papyrus Australia (PPY) and Pinnacle Renewable Energy (PINWF).
View all of CFP's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Canfor investors own include West Fraser Timber Co. Ltd. (WFT.TO) (WFT), Air Canada (AC), Interfor (IFP), The Toronto-Dominion Bank (TD), Canadian National Railway (CNR), Dollarama (DOL), Bank of America (BAC), Kinaxis (KXS), Magna International (MG) and TELUS (T).

Canfor trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CFP."

Shares of CFP and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of CFP stock can currently be purchased for approximately C$27.58.

Canfor has a market capitalization of C$3.44 billion and generates C$7.61 billion in revenue each year.

Canfor employs 7,111 workers across the globe.

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

Canfor is headquartered at 100-1700 75th Ave W, VANCOUVER, BC V6P 6G2, Canada.

Canfor's mailing address is 100-1700 75th Ave W, VANCOUVER, BC V6P 6G2, Canada. The company can be reached via phone at +1-604-6615241.