Canfor Pulp Products (TSX: CFX), the Consumer Goods sector company was revisited today, yet the Wall Street analyst remains currently on the sidelines. Analyst Sean Steuart from TD Securities remains neutral on the stock and has a C$28 price target.
Steuart has an average return of 38.4% when recommending Canfor Pulp Products.
According to TipRanks.com, Steuart is ranked #617 out of 4842 analysts.
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Currently, the analyst consensus on Canfor Pulp Products is a Hold with an average price target of C$25.70, implying a -5.3% downside from current levels. In a report issued on July 15, RBC Capital also reiterated a Hold rating on the stock with a C$25 price target.
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The company has a one-year high of C$27.89 and a one-year low of C$11.80. Currently, Canfor Pulp Products has an average volume of 132.7K.
Canfor Pulp Products, Inc. engages in the manufacture, supply, and sale of pulp and paper products. It operates through the Pulp and Paper segments. The Pulp segment includes the purchase of residual fibre, and production and sale of pulp products in Northern Bleached Softwood Kraft and Bleached Chemi-Thermo Mechanical Pulp mills.
The company’s shares closed on Friday at C$27.14, close to its 52-week high of C$27.89.
