Canfor Pulp Products (TSE:CFX) Price Target Cut to C$0.50 by Analysts at Royal Bank Of Canada

Canfor Pulp Products (TSE:CFX) had its price target cut by Royal Bank Of Canada from C$0.70 to C$0.50 in a report released on Monday,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Separately, Raymond James Financial lowered their target price on Canfor Pulp Products from C$1.00 to C$0.75 and set an “outperform” rating on the stock in a report on Wednesday, October 15th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Canfor Pulp Products presently has an average rating of “Hold” and a consensus price target of C$0.67.

Canfor Pulp Products Price Performance

TSE:CFX opened at C$0.40 on Monday. Canfor Pulp Products has a 12 month low of C$0.33 and a 12 month high of C$1.01. The stock has a 50 day moving average of C$0.49 and a two-hundred day moving average of C$0.63. The company has a current ratio of 0.91, a quick ratio of 0.73 and a debt-to-equity ratio of 57.90. The firm has a market cap of C$26.09 million, a P/E ratio of -0.17, a price-to-earnings-growth ratio of -25.62 and a beta of 0.05.

Canfor Pulp Products Company Profile

Canfor Pulp Products Inc produces and sells northern bleached softwood kraft pulp, or NBSK pulp and paper. The company also generates and sells electricity from biomass out of its pulp plants in Western Canada. The firm organizes itself into two segments based on product: pulp and paper. The pulp segment generates most of the revenue.