Conifex Timber (CFF) Earns “Outperform” Rating from Raymond James
Conifex Timber (TSE:CFF)‘s stock had its “outperform” rating restated by equities researchers at Raymond James in a report issued on Wednesday, BayStreet.CA reports. They presently have a C$2.30 price objective on the stock. Raymond James’ price objective points to a potential upside of 71.64% from the company’s previous close.
Separately, TD Securities dropped their price target on Conifex Timber from C$1.25 to C$1.00 in a report on Wednesday, April 17th.
Shares of Conifex Timber stock opened at C$1.34 on Wednesday. The firm has a market cap of $62.92 million and a P/E ratio of -6.91. Conifex Timber has a 12 month low of C$1.18 and a 12 month high of C$6.80. The company has a debt-to-equity ratio of 97.62, a quick ratio of 0.59 and a current ratio of 1.71.
About Conifex Timber
Conifex Timber Inc primarily manufactures and sells lumber products in the United States, China, Canada, and Japan. It operates through two segments, Lumber and Bioenergy. The Lumber segment is involved in timber harvesting, reforestation, and forest management activities; processing logs into lumber and wood chips; and providing value added lumber finishing services.
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