RBC Capital upgraded shares of Canfor Pulp Products (TSE: CFX) from an underperform rating to a sector perform rating in a report issued on Monday.
Shares of Canfor Pulp Products traded up 1.04% during mid-day trading on Monday, hitting $7.79. Canfor Pulp Products has a one year low of $7.60 and a one year high of $15.19. The company has a P/E ratio of 19.27.
A number of other analysts have also recently weighed in on CFX. Analysts at Raymond James raised their price target on shares of Canfor Pulp Products from $16.25 to $17.50 in a research note to investors on Tuesday. They now have an outperform rating on the stock. Separately, analysts at CIBC raised their price target on shares of Canfor Pulp Products from $16.50 to $18.50 in a research note to investors on Friday, October 26th. Finally, analysts at Salman Partners raised their price target on shares of Canfor Pulp Products from $12.50 to $14.00 in a research note to investors on Thursday, October 25th. They now have a hold rating on the stock.