Shares of Canfor Co. (OTCMKTS:CFPZF – Get Free Report) have been assigned an average rating of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company.
A number of research analysts have issued reports on CFPZF shares. Raymond James Financial upgraded Canfor from an “outperform” rating to a “strong-buy” rating in a research report on Tuesday, September 15th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Canfor in a report on Friday, July 31st. Scotiabank reaffirmed a “sector perform” rating on shares of Canfor in a report on Tuesday, August 4th. BMO Capital Markets reiterated a “market perform” rating on shares of Canfor in a research report on Thursday, August 13th. Finally, TD Securities reissued a “buy” rating on shares of Canfor in a research note on Friday, July 31st.
Read Our Latest Stock Report on CFPZF
Canfor Trading Up 0.4%
About Canfor
Canfor Corporation is a Canadian forest products company headquartered in Vancouver, British Columbia. Founded in 1938, the company has grown into a major producer of lumber and other wood products, serving construction, manufacturing, retail and industrial customers.
Canfor’s products include softwood lumber made from species such as spruce, pine and fir, as well as Southern Yellow Pine lumber produced through its operations in the U.S. South. The company also has interests in pulp and paper manufacturing through Canfor Pulp, which produces northern bleached softwood kraft pulp and related products.
Canfor operates manufacturing facilities and timber-resource interests primarily in British Columbia, Alberta and the southern United States.
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