RBC Capital Reaffirms Their Buy Rating on Domtar Corporation (UFS)


According to The Fly, in a new note to investors on November 1, an analyst has provided a rating update for Domtar Corporation (UFS). The company received a Buy on November 1 from RBC Capital’s analyst Paul Quinn.

According to TipRanks.com, Quinn is a top 100 analyst with an average return of 17.9% and a 67.8% success rate. Quinn covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Clearwater Paper, and Resolute Forest.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Domtar Corporation.

Based on Domtar Corporation’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$129 million. In comparison, last year the company had a net profit of C$87.74 million.

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.

The company’s shares closed on Monday at C$63.82.

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