Analyst Price Target is C$0.80
▲ +77.78% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Conifex Timber in the last 3 months. The average price target is C$0.80, with a high forecast of C$0.85 and a low forecast of C$0.75. The average price target represents a 77.78% upside from the last price of C$0.45.
Current Consensus is
Moderate Buy
The current consensus among 2 polled investment analysts is to moderate buy stock in Conifex Timber. This rating has held steady since October 2023, when it changed from a Hold consensus rating.
Conifex Timber Inc. primarily manufactures and sells lumber products in the United States, Canada, Japan, and internationally. It is involved in the timber harvesting, reforestation, and forest management activities; manufacture of finished softwood lumber from spruce, pine, and fir logs; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips, as well as residual products, such as wood chips, trim blocks, sawdust, shavings, and barks; and providing value added lumber finishing services. It also engages in bioenergy operations; and operates a 36 megawatt biomass power generation plant in Mackenzie, British Columbia. 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.
Read More