Conifex Timber’s Outperform Rating Reaffirmed at RBC Capital (CFF)
Conifex Timber (CVE:CFF)‘s stock had its “outperform” rating reaffirmed by research analysts at RBC Capital in a report released on Wednesday, American Banking & Market News reports. They currently have a C$10.00 target price on the stock. RBC Capital’s target price would indicate a potential upside of 25.31% from the company’s current price.
A number of other analysts have also recently weighed in on CFF. Analysts at CIBC upgraded shares of Conifex Timber (CVE:CFF) from an “underperform” rating to a “sector perform” rating in a research note to investors on Thursday, August 15th. They now have a C$9.00 price target on the stock, down previously from C$9.50. Separately, analysts at TD Securities cut their price target on shares of Conifex Timber (CVE:CFF) from C$9.00 to C$7.50 in a research note to investors on Thursday, August 15th. They now have a “hold” rating on the stock. Finally, analysts at Raymond James cut their price target on shares of Conifex Timber (CVE:CFF) from C$11.25 to C$10.00 in a research note to investors on Thursday, July 11th. They now have a “strong-buy” rating on the stock.
Conifex Timber Inc (CVE:CFF) is a softwood forest products company operating in the Northern Interior region of British Columbia.
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