Raymond James Financial Forecasts Canfor FY2027 Earnings

Canfor Co. (TSE:CFP) – Equities research analysts at Raymond James Financial issued their FY2027 earnings per share estimates for Canfor in a report issued on Wednesday, October 15th. Raymond James Financial analyst D. Swetlishoff forecasts that the company will earn $0.03 per share for the year. Raymond James Financial has a “Outperform” rating and a $17.00 price target on the stock. The consensus estimate for Canfor’s current full-year earnings is $0.40 per share.

Separately, TD Securities decreased their target price on Canfor from C$18.00 to C$17.00 and set a “buy” rating for the company in a research note on Tuesday, August 5th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Canfor currently has an average rating of “Hold” and an average price target of C$16.50.

Canfor Trading Up 0.2%

TSE CFP opened at C$12.27 on Friday. The stock has a 50-day simple moving average of C$12.95 and a 200 day simple moving average of C$13.45. The company has a market capitalization of C$1.43 billion, a PE ratio of -2.25 and a beta of 2.01. The company has a current ratio of 2.19, a quick ratio of 2.14 and a debt-to-equity ratio of 21.94. Canfor has a 12 month low of C$12.07 and a 12 month high of C$18.38.

Canfor Company Profile

Canfor Corp is a softwood lumber company that also owns around half of Canfor Pulp. It is active throughout North America, with lumber mills in British Columbia, Alberta, and the Southeastern United States. It has two reportable segments: Lumber and Pulp and Paper.