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TSE:CFP - Canfor Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$35.33
  • Forecasted Upside: 14.79 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
C$30.78 As of 04/22/2021 01:00 AM ET
▼ -0.86 (-2.72%)
1 month | 3 months | 12 months
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Analyst Price Target for CFP

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.
C$35.33
▲ +14.79% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Canfor in the last 3 months. The average price target is C$35.33, with a high forecast of C$46.00 and a low forecast of C$27.00. The average price target represents a 14.79% upside from the last price of C$30.78.
Buy
The current consensus among 3 polled investment analysts is to buy stock in Canfor. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/30/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/28/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/27/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/26/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/24/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/22/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/23/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/22/2021

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
4/13/2021CIBCBoost Price TargetC$35.00 ➝ C$41.00
i
4/12/2021CIBCInitiated CoverageOutperformC$35.00
i
4/7/2021Raymond JamesBoost Price TargetOutperformC$40.00 ➝ C$46.00
i
4/7/2021ScotiabankBoost Price TargetC$33.00 ➝ C$37.00
i
3/3/2021ScotiabankBoost Price TargetC$29.00 ➝ C$33.00
i
3/1/2021CIBCBoost Price TargetC$34.00 ➝ C$35.00
i
2/26/2021TD SecuritiesBoost Price TargetBuyC$31.00 ➝ C$32.00
i
2/25/2021ScotiabankBoost Price TargetC$27.00 ➝ C$29.00
i
2/25/2021Raymond JamesBoost Price TargetStrong-BuyC$37.50 ➝ C$40.00
i
2/4/2021CIBCBoost Price TargetC$29.00 ➝ C$34.00
i
1/13/2021Raymond JamesBoost Price TargetStrong-BuyC$35.00 ➝ C$37.50
i
1/6/2021ScotiabankBoost Price TargetC$24.00 ➝ C$27.00
i
12/18/2020CIBCBoost Price TargetC$23.00 ➝ C$29.00
i
12/10/2020Raymond JamesUpgradeOutperform ➝ Strong-BuyC$26.50 ➝ C$35.00
i
10/26/2020TD SecuritiesBoost Price TargetBuyC$21.00 ➝ C$22.00
i
10/23/2020Raymond JamesBoost Price TargetOutperformC$23.50 ➝ C$26.50
i
10/20/2020Royal Bank of CanadaBoost Price TargetC$26.00 ➝ C$27.00
i
10/2/2020ScotiabankBoost Price TargetC$23.00 ➝ C$24.00
i
9/3/2020ScotiabankBoost Price TargetC$17.50 ➝ C$23.00
i
8/27/2020BMO Capital MarketsBoost Price TargetC$19.00 ➝ C$29.00
i
8/25/2020CIBCBoost Price TargetC$19.00 ➝ C$25.00
i
8/19/2020Raymond JamesBoost Price TargetOutperformC$19.50 ➝ C$23.50
i
8/19/2020Royal Bank of CanadaBoost Price TargetC$22.00 ➝ C$26.00
i
7/28/2020CIBCBoost Price TargetC$17.00 ➝ C$19.00
i
7/27/2020TD SecuritiesBoost Price TargetBuyC$17.00 ➝ C$19.00
i
7/27/2020Royal Bank of CanadaBoost Price TargetC$18.00 ➝ C$22.00
i
7/24/2020Raymond JamesBoost Price TargetOutperformC$18.00 ➝ C$19.50
i
7/24/2020ScotiabankBoost Price TargetC$15.00 ➝ C$17.50
i
7/15/2020Raymond JamesBoost Price TargetOutperformC$14.00 ➝ C$19.00
i
7/8/2020Raymond JamesSet Price TargetOutperformC$14.00
i
6/19/2020TD SecuritiesBoost Price TargetC$10.50 ➝ C$13.00
i
6/18/2020Raymond JamesSet Price TargetOutperformC$14.00
i
6/15/2020CIBCBoost Price TargetC$12.00 ➝ C$13.00
i
6/4/2020Raymond JamesBoost Price TargetOutperformC$10.00 ➝ C$14.00
i
4/27/2020CIBCLower Price TargetC$13.00 ➝ C$12.00
i
4/24/2020Raymond JamesSet Price TargetOutperformC$10.00
i
4/14/2020CIBCLower Price TargetC$15.00 ➝ C$13.00
i
4/13/2020ScotiabankLower Price TargetC$12.50 ➝ C$12.00
i
4/7/2020Raymond JamesLower Price TargetOutperformC$13.50 ➝ C$10.00
i
3/30/2020Raymond JamesLower Price TargetOutperformC$17.00 ➝ C$13.50
i
3/30/2020ScotiabankLower Price TargetC$17.00 ➝ C$12.50
i
2/24/2020TD SecuritiesBoost Price TargetBuyC$16.00 ➝ C$16.50
i
2/24/2020Royal Bank of CanadaBoost Price TargetOutperformC$17.00 ➝ C$18.00
i
2/21/2020Raymond JamesSet Price TargetOutperformC$17.00
i
1/14/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$16.00 ➝ C$17.00
i
1/13/2020CIBCUpgradeNeutral ➝ OutperformC$16.00 ➝ C$15.00
i
12/18/2019Raymond JamesSet Price TargetOutperformC$18.00
i
12/18/2019TD SecuritiesUpgradeTender ➝ BuyC$16.00
i
12/17/2019ScotiabankLower Price TargetC$16.00 ➝ C$15.50
i
10/30/2019Raymond JamesReiterated RatingOutperformC$18.00
i
10/29/2019TD SecuritiesDowngradeHold ➝ TenderC$16.00
i
10/11/2019CIBCBoost Price TargetC$14.00 ➝ C$16.00
i
10/9/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$17.00 ➝ C$16.00
i
9/3/2019Raymond JamesReiterated RatingOutperformC$18.00
i
8/13/2019TD SecuritiesDowngradeBuy ➝ HoldC$12.50 ➝ C$16.00
i
8/12/2019Raymond JamesSet Price TargetOutperformC$18.00
i
7/29/2019TD SecuritiesLower Price TargetBuyC$13.00 ➝ C$12.50
i
7/26/2019Raymond JamesReiterated RatingOutperformC$18.00
i
7/16/2019Raymond JamesDowngradeStrong-Buy ➝ Outperform
i
7/9/2019Royal Bank of CanadaLower Price TargetC$20.00 ➝ C$17.00
i
6/18/2019CIBCUpgradeNeutral ➝ OutperformC$11.00 ➝ C$14.00
i
6/12/2019Raymond JamesReiterated RatingStrong-BuyC$18.00
i
6/7/2019CIBCLower Price TargetC$15.00 ➝ C$11.00
i
5/28/2019Raymond JamesSet Price TargetStrong-BuyC$18.00
i
5/3/2019CIBCLower Price TargetC$18.00 ➝ C$15.00
i
5/2/2019Raymond JamesReiterated RatingStrong-BuyC$18.00
i
5/2/2019TD SecuritiesLower Price TargetBuyC$20.00 ➝ C$17.00
i
4/22/2019Raymond JamesLower Price TargetC$22.00 ➝ C$18.00
i
4/17/2019TD SecuritiesLower Price TargetC$22.00 ➝ C$20.00
i
4/5/2019Royal Bank of CanadaLower Price TargetC$21.00 ➝ C$20.00
i
4/3/2019Raymond JamesLower Price TargetC$25.00 ➝ C$22.00
i
3/11/2019BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
i
2/28/2019BMO Capital MarketsSet Price TargetC$20.00
i
2/25/2019Royal Bank of CanadaLower Price TargetOutperformC$23.00 ➝ C$21.00
i
2/25/2019TD SecuritiesLower Price TargetBuyC$26.00 ➝ C$22.00
i
2/22/2019Raymond JamesReiterated RatingStrong-BuyC$25.00
i
1/14/2019CIBCLower Price TargetC$23.00 ➝ C$18.00
i
1/8/2019Royal Bank of CanadaLower Price TargetC$29.00 ➝ C$23.00
i
11/16/2018Raymond JamesUpgradeOutperform ➝ Strong-BuyC$32.00 ➝ C$35.00
i
11/16/2018Royal Bank of CanadaLower Price TargetOutperformC$36.00 ➝ C$29.00
i
10/29/2018CIBCLower Price TargetC$25.00 ➝ C$23.00
i
10/19/2018BMO Capital MarketsLower Price TargetC$27.00 ➝ C$22.00
i
10/15/2018CIBCLower Price TargetC$33.00 ➝ C$25.00
i
9/19/2018CIBCLower Price TargetC$37.00 ➝ C$33.00
i
7/27/2018TD SecuritiesBoost Price TargetBuyC$41.00 ➝ C$42.00
i
7/12/2018CIBCBoost Price TargetC$33.00 ➝ C$37.00
i
4/26/2018ScotiabankBoost Price TargetSector PerformC$31.50 ➝ C$32.00
i
4/26/2018TD SecuritiesBoost Price TargetBuyC$38.00 ➝ C$39.00
i
4/17/2018Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$33.00 ➝ C$39.00
i
4/10/2018Raymond JamesBoost Price TargetC$36.00 ➝ C$40.00
i
3/19/2018CIBCBoost Price TargetC$32.00 ➝ C$33.00
i
2/28/2018BMO Capital MarketsReiterated RatingMarket PerformC$26.00
i
2/27/2018TD SecuritiesBoost Price TargetBuyC$32.00 ➝ C$36.00
i
2/27/2018CIBCBoost Price TargetC$30.00 ➝ C$32.00
i
2/26/2018Royal Bank of CanadaBoost Price TargetSector PerformC$26.00 ➝ C$33.00
i
2/23/2018ScotiabankBoost Price TargetSector PerformC$26.50 ➝ C$27.00
i
2/23/2018Raymond JamesBoost Price TargetOutperformC$17.00 ➝ C$17.50
i
1/30/2018Raymond JamesBoost Price TargetC$30.00 ➝ C$33.00
i
1/12/2018CIBCBoost Price TargetC$27.00 ➝ C$30.00
i
1/12/2018Royal Bank of CanadaUpgradeUnderperform ➝ Sector PerformC$20.00 ➝ C$26.00
i
11/3/2017ScotiabankBoost Price TargetSector PerformC$25.25 ➝ C$26.00
i
10/26/2017CIBCBoost Price TargetC$25.00 ➝ C$27.00
i
10/24/2017ScotiabankBoost Price TargetSector PerformC$24.25 ➝ C$25.25
i
10/24/2017TD SecuritiesBoost Price TargetC$29.00 ➝ C$30.00
i
10/19/2017CIBCBoost Price TargetC$21.00 ➝ C$25.00
i
8/14/2017BMO Capital MarketsDowngradeOutperform ➝ Market Perform
i
7/28/2017Royal Bank of CanadaBoost Price TargetUnderperformC$17.00 ➝ C$18.00
i
7/28/2017TD SecuritiesBoost Price TargetBuyC$24.00 ➝ C$25.00
i
7/27/2017ScotiabankBoost Price TargetOutperformC$20.50 ➝ C$21.25
i
7/27/2017Raymond JamesBoost Price TargetStrong-BuyC$24.00 ➝ C$25.00
i
4/27/2017TD SecuritiesBoost Price TargetBuyC$22.00 ➝ C$24.00
i
4/26/2017ScotiabankBoost Price TargetOutperformC$19.00 ➝ C$22.00
i
4/25/2017Raymond JamesUpgradeOutperform ➝ Strong-BuyC$24.00
i
4/24/2017CIBCDowngradeSector Outperform ➝ Neutral
i
4/19/2017Royal Bank of CanadaDowngradeSector Perform ➝ UnderperformC$17.00
i
2/10/2017Royal Bank of CanadaBoost Price TargetSector PerformC$16.00 ➝ C$17.00
i
2/9/2017ScotiabankReiterated RatingOutperformC$18.50
i
2/9/2017Raymond JamesBoost Price TargetOutperformC$19.00 ➝ C$19.50
i
11/2/2016CIBCLower Price TargetOutperformC$20.00 ➝ C$18.00
i
10/28/2016TD SecuritiesReiterated RatingBuyC$20.00
i
10/27/2016ScotiabankReiterated RatingOutperformC$19.75
i
10/27/2016Royal Bank of CanadaReiterated RatingSector PerformC$14.00 ➝ C$16.00
i
10/20/2016Raymond JamesLower Price TargetC$19.50 ➝ C$18.00
i
8/31/2016Dundee SecuritiesUpgradeNeutral ➝ Buy
i
8/3/2016CIBCLower Price TargetC$21.00 ➝ C$20.00
i
7/28/2016TD SecuritiesReiterated RatingBuyC$20.00
i
7/27/2016ScotiabankReiterated RatingOutperformC$22.50
i
7/7/2016Raymond JamesLower Price TargetC$19.00 ➝ C$17.50
i
4/28/2016TD SecuritiesLower Price TargetBuyC$23.00 ➝ C$21.00
i
4/28/2016Raymond JamesLower Price TargetStrong-Buy ➝ OutperformC$22.00 ➝ C$19.00
i
4/28/2016Royal Bank of CanadaReiterated RatingSector Perform
i
(Data available from 4/22/2016 forward)
Canfor logo
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.
Read More

Today's Range

Now: C$30.78
C$30.42
C$31.60

50 Day Range

MA: C$27.61
C$23.55
C$33.03

52 Week Range

Now: C$30.78
C$7.56
C$33.93

Volume

683,471 shs

Average Volume

412,257 shs

Market Capitalization

C$3.85 billion

P/E Ratio

7.08

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Canfor?

The following Wall Street research analysts have issued reports on Canfor in the last year: BMO Capital Markets, CIBC, Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for CFP.

What is the current price target for Canfor?

6 Wall Street analysts have set twelve-month price targets for Canfor in the last year. Their average twelve-month price target is C$35.33, suggesting a possible upside of 14.8%. Raymond James has the highest price target set, predicting CFP will reach C$46.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of C$27.00 for Canfor in the next year.
View the latest price targets for CFP.

What is the current consensus analyst rating for Canfor?

Canfor currently has 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CFP will outperform the market and that investors should add to their positions of Canfor.
View the latest ratings for CFP.

What other companies compete with Canfor?

Other companies that are similar to Canfor include Pinnacle Renewable Energy, Acadian Timber, Acadian Timber, Amazonas Florestal, ArborGen, Big River Industries, Canfor, Embelton, Emerald Plantation, Enviva Partners, Kangaroo Island Plantation Timbers, Midway Limited (MWY.AX), Papyrus Australia, Pinnacle Renewable Energy and Sonae Indústria, S.G.P.S..

How do I contact Canfor's investor relations team?

Canfor's physical mailing address is 100-1700 75th Ave W, VANCOUVER, BC V6P 6G2, Canada. The company's listed phone number is +1-604-6615241. The official website for Canfor is www.canfor.com.