Analyst Price Target is C$1.75
▲ +45.83% 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 C$1.75, with a high forecast of C$2.00 and a low forecast of C$1.25. The average price target represents a 45.83% upside from the last price of C$1.20.
Current Consensus is
The current consensus among 3 contributing investment analysts is to hold stock in Conifex Timber. This Hold consensus rating has held steady for over two years.
Conifex Timber Inc. primarily manufactures and sells lumber products in the United States, China, 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 by-products or residues, such as trim blocks, sawdust, shavings, and barks; and providing value added lumber finishing services. It also 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.