Canfor (TSE: CFP) recently received a number of ratings updates from brokerages and research firms:

  • 10/26/2017 – Canfor had its price target raised by analysts at CIBC from C$25.00 to C$27.00.
  • 10/24/2017 – Canfor had its price target raised by analysts at Scotiabank from C$24.25 to C$25.25. They now have a “sector perform” rating on the stock.
  • 10/24/2017 – Canfor had its price target raised by analysts at TD Securities from C$29.00 to C$30.00.
  • 10/19/2017 – Canfor had its price target raised by analysts at CIBC from C$21.00 to C$25.00.

In other Canfor news, insider James A. Pattison acquired 225,000 shares of the stock in a transaction on Friday, August 11th. The stock was purchased at an average price of C$21.20 per share, for a total transaction of C$4,770,000.00.

Canfor Corporation is an integrated forest products company. The Company produces softwood lumber, pulp and paper products, remanufactured lumber products, engineered wood products, wood pellets and energy. Its segments include lumber, and pulp and paper. Its lumber segment includes logging operations, and manufacturing and sale of various grades, widths and lengths of lumber, engineered wood products, wood chips and wood pellets.

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