OTCMKTS:CFXTF - Conifex Timber Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $2.25
  • Forecasted Upside: 93.57 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$1.16
+0.30 (1.20%)
1 month | 3 months | 12 months
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Analyst Price Target for CFXTF

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$2.25
▲ +93.57% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Conifex Timber in the last 3 months. The average price target is $2.25, with a high forecast of $2.50 and a low forecast of $2.00. The average price target represents a 93.57% upside from the last price of $1.16.
Buy
The current consensus among 3 contributing investment analysts is to buy stock in Conifex Timber.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/5/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/3/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/1/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/1/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/30/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/28/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/27/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/26/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
1/13/2021Raymond JamesBoost Price TargetOutperform$2.25 ➝ $2.50
i
12/18/2020CIBCBoost Price TargetNeutral$1.60 ➝ $2.00
i
12/10/2020Raymond JamesBoost Price TargetOutperform$1.75 ➝ $2.25
i
8/25/2020CIBCBoost Price Target$1.15 ➝ $1.85
i
8/13/2020CIBCBoost Price TargetNeutral$1.00 ➝ $1.15
i
8/13/2020Raymond JamesUpgradeMarket Perform ➝ Outperform
i
8/13/2020Royal Bank of CanadaUpgradeSector Perform ➝ Outperform
i
4/16/2020Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform
i
(Data available from 1/26/2016 forward)
Conifex Timber logo
Conifex Timber Inc. primarily manufactures and sells lumber products in the United States, China, Canada, Japan, and internationally. The company's Lumber segment is involved in the timber harvesting, reforestation, and forest management activities; processing logs into lumber and wood chips; and providing value added lumber finishing and distribution services. This segment also manufactures finished softwood lumber from spruce, pine, and fir logs; and manufactures, sells, and distributes dimension lumber, as well as provides lumber by-products. The company's Bioenergy segment develops bioenergy and bio products; and operates a 36 megawatt biomass power generation plant, which produces renewable energy for commercial sale. The company was formerly known as West Fourth Capital Inc. and changed its name to Conifex Timber Inc. in June 2010. Conifex Timber Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.
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Today's Range

Now: $1.16
$1.16
$1.21

50 Day Range

MA: $1.15
$1.09
$1.19

52 Week Range

Now: $1.16
$0.26
$1.36

Volume

3,700 shs

Average Volume

2,185 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Conifex Timber?

The following Wall Street research analysts have issued research reports on Conifex Timber in the last twelve months: CIBC, Raymond James, and Royal Bank of Canada.

What is the current price target for Conifex Timber?

2 Wall Street analysts have set twelve-month price targets for Conifex Timber in the last year. Their average twelve-month price target is $2.25, suggesting a possible upside of 93.6%. Raymond James has the highest price target set, predicting CFXTF will reach $2.50 in the next twelve months. CIBC has the lowest price target set, forecasting a price of $2.00 for Conifex Timber in the next year.

What is the current consensus analyst rating for Conifex Timber?

Conifex Timber currently has 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CFXTF will outperform the market and that investors should add to their positions of Conifex Timber.

How do I contact Conifex Timber's investor relations team?

The company's listed phone number is 604 216 2949. The official website for Conifex Timber is www.conifex.com.