Analyst Price Target is C$41.33
▲ +70.80% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Canfor in the last 3 months. The average price target is C$41.33, with a high forecast of C$50.00 and a low forecast of C$32.00. The average price target represents a 70.80% upside from the last price of C$24.20.
Current Consensus is
The current consensus among 4 polled investment analysts is to buy stock in Canfor. This rating has held steady since April 2021, when it changed from a Strong Buy consensus rating.
Canfor Corporation operates as an integrated forest products company in Canada, Asia, the United States, Europe, and internationally. It operates through Lumber, and Pulp and Paper segments. The company manufactures and sells finger-jointed lumber, higher-grade MSR lumber, premium one-inch boards, engineered wood products, wood chips, wood pellets, logs, strength-rated trusses, beams, and tongue-and-groove timber, as well as generates green energy. It also produces and sells pulp and paper products, including northern bleached softwood kraft pulp, bleached and unbleached kraft paper, and bleached chemi-thermo mechanical pulp; and purchases and sells residual fiber products. Canfor Corporation was incorporated in 1966 and is headquartered in Vancouver, Canada.