Analyst Price Target is C$42.17
▲ +57.93% 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$42.17, with a high forecast of C$55.00 and a low forecast of C$36.00. The average price target represents a 57.93% upside from the last price of C$26.70.
Current Consensus is
The current consensus among 4 polled investment analysts is to buy stock in Canfor. This rating has held steady since March 2021, when it changed from a Strong Buy consensus rating.
Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates through two segments, Lumber, and Pulp and Paper. The company manufactures and sells finger-jointed lumber, engineered wood products, wood chips and pellets, and logs, as well as custom specialty products, including strength-rated trusses, beams, and tongue-and-groove timber; and generates green energy. It also produces and sells pulp and paper products, including bleached and unbleached softwood kraft pulp, as well as bleached, colored, and unbleached kraft paper. The company was founded in 1938 and is headquartered in Vancouver, Canada.