In a report released today, Anthony Pettinari from Citigroup maintained a Hold rating on Domtar Corp (UFS), with a price target of $38. The company’s shares opened today at $36.40, close to its 52-week low of $33.81.
According to TipRanks.com, Pettinari is a 4-star analyst with an average return of 11.7% and a 60.7% success rate. Pettinari covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Avery Dennison Corp, and Graphic Packaging.
Currently, the analyst consensus on Domtar Corp is a Moderate Buy with an average price target of $52.15, which is a 43.3% upside from current levels. In a report issued on January 2, KeyBanc also maintained a Hold rating on the stock.
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The company has a one-year high of $54.50 and a one-year low of $33.81. Currently, Domtar Corp has an average volume of 755.1K.
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Domtar Corp. engages in the design, manufacturing, marketing, and distribution of fiber-based products, which includes communication papers, specialty and packaging papers and absorbent hygiene products. It operates through the following segments: Pulp and Paper, and Personal Care.
