Canfor Pulp Products (TSE:CFX) Given New C$0.75 Price Target at Raymond James Financial

Canfor Pulp Products (TSE:CFX) had its target price cut by Raymond James Financial from C$1.00 to C$0.75 in a research note published on Wednesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Canfor Pulp Products Stock Performance

TSE CFX opened at C$0.42 on Wednesday. The company has a quick ratio of 0.73, a current ratio of 0.91 and a debt-to-equity ratio of 57.90. The company has a market capitalization of C$27.40 million, a P/E ratio of -0.18, a P/E/G ratio of -25.62 and a beta of 0.05. Canfor Pulp Products has a 12-month low of C$0.33 and a 12-month high of C$1.01. The firm has a 50-day moving average price of C$0.50 and a two-hundred day moving average price of C$0.64.

Canfor Pulp Products Company Profile

Canfor Pulp Products Inc produces and sells northern bleached softwood kraft pulp, or NBSK pulp and paper. The company also generates and sells electricity from biomass out of its pulp plants in Western Canada. The firm organizes itself into two segments based on product: pulp and paper. The pulp segment generates most of the revenue.