Domtar Corp (UFS) Given Sector Perform Rating at Scotiabank
Scotiabank reiterated their sector perform rating on shares of Domtar Corp (TSE:UFS) (NYSE:UFS) in a research note issued to investors on Tuesday. The firm currently has a C$52.50 price target on the stock.
Separately, National Bank Financial boosted their price objective on shares of Domtar Corp to C$59.00 and gave the stock a sector perform rating in a report on Tuesday. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of C$59.70.
Domtar Corp (TSE:UFS) traded up 0.88% during trading on Tuesday, hitting $61.62. The stock had a trading volume of 22,481 shares. Domtar Corp has a one year low of $45.48 and a one year high of $62.01. The firm has a market cap of $3.86 billion and a price-to-earnings ratio of 23.50. The stock’s 50-day moving average is $54.50 and its 200 day moving average is $51.08.
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Domtar Corp Company Profile
Domtar Corporation designs, manufactures, markets and distributes a range of fiber-based products, including communication papers, specialty and packaging papers and absorbent hygiene products. The Company segments include Pulp and Paper and Personal Care. The Pulp and Paper segment consists of the design, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.
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