Domtar Corp’s (UFS) Sector Perform Rating Reiterated at Scotiabank

Domtar Corp (TSE:UFS) (NYSE:UFS)‘s stock had its “sector perform” rating reaffirmed by research analysts at Scotiabank in a research note issued to investors on Tuesday. They presently have a C$52.50 price target on the stock. Scotiabank’s price target indicates a potential downside of 11.02% from the stock’s current price.

Separately, National Bank Financial boosted their target price on Domtar Corp to C$59.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Domtar Corp presently has an average rating of “Hold” and a consensus target price of C$59.70.

Shares of Domtar Corp (TSE:UFS) opened at 59.00 on Tuesday. Domtar Corp has a 1-year low of $45.48 and a 1-year high of $59.27. The company has a market cap of $3.70 billion and a price-to-earnings ratio of 22.50. The firm has a 50-day moving average price of $54.19 and a 200 day moving average price of $51.00.

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Domtar Corp Company Profile

Domtar Corporation designs, manufactures, markets and distributes a range of fiber-based products, including communication papers, specialty and packaging papers and absorbent hygiene products. The Company segments include Pulp and Paper and Personal Care. The Pulp and Paper segment consists of the design, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.

Analyst Recommendations for Domtar Corp (TSE:UFS)

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