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.

Conifex Timber (TSE:CFF) last issued its quarterly earnings results on Wednesday, March 27th. The company reported C($0.30) EPS for the quarter. The company had revenue of C$156.60 million during the quarter. Research analysts anticipate that Conifex Timber will post 0.11999999625 EPS for the current year.

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.

Read More: How to Invest in an Index Fund

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