Canfor Pulp Products Inc (TSE:CFX) to Release Quarterly Earnings on Wednesday
Canfor Pulp Products Inc (TSE:CFX) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, July 26th. Analysts expect the company to announce earnings of $0.32 per share for the quarter.
Canfor Pulp Products Inc (TSE CFX) opened at 12.37 on Wednesday. Canfor Pulp Products Inc has a 1-year low of $9.45 and a 1-year high of $12.94. The firm has a market cap of $821.79 million and a price-to-earnings ratio of 14.09. The firm has a 50-day moving average of $12.39 and a 200 day moving average of $11.65.
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A number of brokerages have weighed in on CFX. CIBC lowered shares of Canfor Pulp Products from an “outperform” rating to a “neutral” rating and cut their price target for the company from C$14.00 to C$13.00 in a research note on Monday, June 5th. Raymond James Financial, Inc. lifted their price objective on shares of Canfor Pulp Products from C$14.25 to C$14.50 and gave the company an “outperform” rating in a report on Wednesday, April 26th. TD Securities downgraded shares of Canfor Pulp Products from a “buy” rating to a “hold” rating and lowered their price objective for the company from C$14.00 to C$13.50 in a report on Thursday, April 27th. Finally, Scotiabank reiterated an “outperform” rating and issued a C$12.75 price objective on shares of Canfor Pulp Products in a report on Thursday, April 27th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of C$12.95.
Canfor Pulp Products Company Profile
Canfor Pulp Products Inc is a supplier of pulp and paper products. The Company operates through two segments: Pulp and Paper. The Company’s Pulp segment includes its four pulp mills: the Northwood pulp mill, the Intercontinental pulp mill, pulp produced at the Prince George pulp and paper mill, and the Taylor pulp mill.
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