Fortress Paper (TSE:FTP) had its target price boosted by Raymond James Financial from C$4.50 to C$6.00 in a research note issued to investors on Friday. The brokerage currently has an “outperform” rating on the stock. Raymond James Financial’s price objective would indicate a potential upside of 33.33% from the stock’s current price.

Fortress Paper (TSE:FTP) traded down C$0.25 during midday trading on Friday, reaching C$4.50. 3,170 shares of the company’s stock traded hands, compared to its average volume of 8,795. Fortress Paper has a 1 year low of C$2.91 and a 1 year high of C$8.70.

TRADEMARK VIOLATION NOTICE: “Fortress Paper (FTP) Price Target Raised to C$6.00” was originally published by Watch List News and is owned by of Watch List News. If you are reading this article on another website, it was stolen and republished in violation of US & international trademark & copyright legislation. The legal version of this article can be viewed at

About Fortress Paper

Fortress Paper Ltd. is a Canada-based producer of specialty pulp, security papers and other security related products. The Company operates through two segments: the Dissolving Pulp and the Security Paper Products. The Company operates its dissolving pulp business through the Fortress Specialty Cellulose (FSC) mill located in Thurso, Quebec, Canada, which also operates in the renewable energy generation sector through its cogeneration facility.

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