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Canfor Pulp Products (TSE:CFX) stock price target reduced to $13.00, issued a report today by CIBC World Markets

In a report released on 6/05/2017 CIBC World Markets reduced the stock price target of Canfor Pulp Products (TSE:CFX) from $14.00 to $13.00 indicating a possible upside of 0.07%.

Previously on 2/10/2017, RBC Capital Markets reported on Canfor Pulp Products (TSE:CFX) increased the target price from $10.00 to $11.00. At the time, this indicated a possible upside of 0.04%.

Yesterday Canfor Pulp Products (TSE:CFX) traded 0.71% higher at $12.15. The company’s 50-day moving average is $13.41 and its 200-day moving average is $12.56. The last closing price is down 12.45% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 9,127 shares of the stock traded hands, down from an average trading volume of 31,831

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Canfor Pulp Products (TSE:CFX)

Canfor Pulp Products has a 52 week low of $9.45 and a 52 week high of $14.20 with a P/E ratio of 12.24 The company’s market cap is currently $0.

In addition to CIBC World Markets reporting its stock price target, a total of 5 brokers have issued a report on the company. The average stock price target is $9.45 with 0 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Canfor Pulp Products (TSE:CFX)

Canfor Pulp Products Inc. is a supplier of pulp and paper products. The Company operates through two segments: Pulp and Paper. The Company's Pulp segment includes its four pulp mills: the Northwood pulp mill, the Intercontinental pulp mill, pulp produced at the Prince George pulp and paper mill, and the Taylor pulp mill. The Company's Paper segment includes kraft paper produced at the Prince George pulp and paper mill. The Northwood pulp mill is a two-line pulp mill with annual production capacity of approximately 600,000 tons of Northern Bleached Softwood Kraft (NBSK) pulp. The Intercontinental pulp mill is a single-line pulp mill with annual production capacity of approximately 320,000 tons of NBSK pulp. The Prince George pulp and paper mill is an integrated two line pulp and paper mill. The Taylor pulp mill is a Bleached Chemi-Thermo Mechanical Pulp (BCTMP) mill located in Taylor, British Columbia with an annual production capacity of approximately 220,000 tons of BCTMP.

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