▲ +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.
The current consensus among 3 contributing investment analysts is to buy stock in Conifex Timber.
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.