In a report released today, Anthony Pettinari from Citigroup maintained a Hold rating on Domtar Corp (UFS), with a price target of $33.00. The company’s shares closed last Monday at $34.61, close to its 52-week low of $31.72.
According to TipRanks.com, Pettinari is a 5-star analyst with an average return of 17.3% and a 72.2% success rate. Pettinari covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Avery Dennison Corp, and Crown Holdings.
Currently, the analyst consensus on Domtar Corp is a Hold with an average price target of $39.08, implying a 13.5% upside from current levels. In a report issued on October 11, CIBC also maintained a Hold rating on the stock with a $35.00 price target.
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The company has a one-year high of $53.89 and a one-year low of $31.72. Currently, Domtar Corp has an average volume of 736.1K.
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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.
