Royal Bank of Canada Cuts Canfor Pulp Products (TSE:CFX) Price Target to C$1.00

Canfor Pulp Products (TSE:CFX) had its target price reduced by Royal Bank of Canada from C$1.25 to C$1.00 in a report published on Friday morning,BayStreet.CA reports. Royal Bank of Canada currently has a sector perform rating on the stock.

Canfor Pulp Products Stock Performance

Canfor Pulp Products stock opened at C$0.76 on Friday. The business has a 50 day moving average of C$0.89 and a 200-day moving average of C$0.97. The company has a market capitalization of C$49.57 million, a P/E ratio of -0.62, a P/E/G ratio of -25.62 and a beta of 1.33. Canfor Pulp Products has a 1 year low of C$0.69 and a 1 year high of C$2.01. The company has a debt-to-equity ratio of 32.11, a current ratio of 0.90 and a quick ratio of 0.73.

Canfor Pulp Products Company Profile

Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally. It operates in two segments, Pulp and Paper. The company offers solid wood; bleached and unbleached softwood kraft pulps; and bleached, unbleached, and colored kraft papers.