Canfor (CFPZF) to Release Quarterly Earnings on Wednesday

Canfor (OTCMKTS:CFPZF) is anticipated to issue its resultson Wednesday, July 29th. Analysts expect Canfor to announce earnings of ($0.2422) per share and revenue of $1.0019 billion for the quarter.

Canfor Stock Performance

Canfor stock opened at $9.83 on Monday. The stock has a fifty day moving average price of $9.69 and a 200 day moving average price of $9.81. Canfor has a 52 week low of $7.83 and a 52 week high of $11.83.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Raymond James Financial cut shares of Canfor from a “strong-buy” rating to an “outperform” rating in a research report on Thursday, April 23rd. Royal Bank Of Canada lowered shares of Canfor to a “sector perform” rating in a report on Thursday, April 16th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

About Canfor

Canfor Corporation is a Canada-based integrated forest products company headquartered in Vancouver, British Columbia. The company’s primary business activities include the manufacturing and distribution of softwood lumber, oriented strand board (OSB), and other wood products used in residential and commercial construction. In addition to its core lumber operations, Canfor produces northern bleached softwood kraft (NBSK) pulp, specialty papers and biofuels through its pulp and paper facilities, providing a vertically integrated offering for customers across multiple end markets.

Canfor operates an extensive network of manufacturing facilities, including lumber mills in British Columbia and Alberta, as well as in the U.S.