Domtar Corp. Given Average Recommendation of “Buy” by Analysts (NYSE:UFS)
Shares of Domtar Corp. (NYSE:UFS) have earned a consensus recommendation of “Buy” from the fifteen brokerages that are covering the stock, Analyst Ratings.Net reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $103.94.
Domtar Corp. (NYSE:UFS) opened at 106.14 on Thursday. Domtar Corp. has a 1-year low of $65.01 and a 1-year high of $110.20. The stock’s 50-day moving average is $95.21 and its 200-day moving average is $82.74. The company has a market cap of $3.438 billion and a price-to-earnings ratio of 80.42.
A number of research firms have recently commented on UFS. Analysts at RBC Capital raised their price target on shares of Domtar Corp. from C$115.00 to C$135.00 in a research note to investors on Monday. They now have a “top pick” rating on the stock. Separately, analysts at Deutsche Bank upgraded shares of Domtar Corp. from a “hold” rating to a “buy” rating in a research note to investors on Friday, January 31st. They now have a $115.00 price target on the stock, up previously from $95.00. Finally, analysts at Zacks downgraded shares of Domtar Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, January 22nd. They now have a $98.50 price target on the stock.
Domtar Corporation designs, manufactures, markets and distributes a range of fiber-based products, including communication papers, specialty and packaging papers and adult incontinence products.
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