Canfor Pulp Products Inc. (TSE:CFX – Get Free Report) hit a new 52-week low on Monday . The company traded as low as C$1.04 and last traded at C$1.02, with a volume of 419 shares traded. The stock had previously closed at C$1.01.
Wall Street Analyst Weigh In
Several analysts have issued reports on the company. TD Securities dropped their price objective on Canfor Pulp Products from C$2.00 to C$1.75 and set a “hold” rating on the stock in a research note on Tuesday, April 16th. Royal Bank of Canada cut their price target on Canfor Pulp Products from C$2.00 to C$1.50 and set a “sector perform” rating for the company in a report on Friday, April 19th. Finally, Raymond James upped their price objective on shares of Canfor Pulp Products from C$2.40 to C$2.75 and gave the company an “outperform” rating in a report on Friday, April 19th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of C$1.95.
Check Out Our Latest Analysis on CFX
Canfor Pulp Products Stock Performance
Canfor Pulp Products (TSE:CFX – Get Free Report) last posted its quarterly earnings data on Wednesday, May 1st. The company reported C($0.04) earnings per share for the quarter. The firm had revenue of C$222.30 million for the quarter. Canfor Pulp Products had a negative return on equity of 21.31% and a negative net margin of 9.33%. On average, research analysts predict that Canfor Pulp Products Inc. will post 0.12 earnings per share for the current fiscal year.
Canfor Pulp Products Company Profile
Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally. It operates in two segments, Pulp and Paper. The company offers solid wood; bleached and unbleached softwood kraft pulps; and bleached, unbleached, and colored kraft papers.
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