CIBC Lowers Canfor Pulp Products (OTCMKTS:CFPUF) Price Target to $5.50

Canfor Pulp Products (OTCMKTS:CFPUF) had its price target lowered by CIBC from $5.75 to $5.50 in a research note released on Monday, The Fly reports. The brokerage currently has a neutral rating on the stock.

A number of other brokerages also recently weighed in on CFPUF. TD Securities raised their target price on shares of Canfor Pulp Products from $6.00 to $6.50 and gave the company a hold rating in a research note on Monday, July 27th. Scotiabank decreased their target price on shares of Canfor Pulp Products from $6.50 to $6.00 and set a sector perform rating for the company in a research note on Friday, October 23rd.

CFPUF stock opened at $3.65 on Monday. Canfor Pulp Products has a 1 year low of $2.87 and a 1 year high of $7.65. The firm has a 50-day moving average of $3.61 and a 200 day moving average of $4.09.

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. The company operates through two segments, Pulp and Paper. It offers solid wood; bleached and unbleached softwood pulp; and bleached and unbleached kraft, and coloured kraft papers.

Featured Article: Technical Analysis

The Fly

Receive News & Ratings for Canfor Pulp Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canfor Pulp Products and related companies with MarketBeat.com's FREE daily email newsletter.