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TSE:CFP - Canfor Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$42.17
  • Forecasted Upside: 57.93 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 1 Strong Buy Ratings
C$26.70 As of 08/9/2022 10:38 AM ET
▼ -0.47 (-1.73%)

This chart shows the closing price for CFP by one month, three months, or twelve months.

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Analyst Price Target for CFP

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.

This chart shows the closing price for CFP for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

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.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/14/2021
  • 1 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/15/2021
  • 1 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/13/2021
  • 1 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/11/2021
  • 1 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/9/2022
  • 1 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/10/2022
  • 1 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/9/2022
  • 1 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/8/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
7/8/2022CIBCLower Price TargetC$38.00 ➝ C$36.00
5/4/2022Raymond JamesSet Price TargetStrong-BuyC$55.00
4/21/2022CIBCLower Price TargetC$44.00 ➝ C$36.00
4/7/2022Royal Bank of CanadaLower Price TargetC$45.00 ➝ C$40.00
3/3/2022TD SecuritiesLower Price TargetBuyC$41.00 ➝ C$37.00
3/3/2022Royal Bank of CanadaLower Price TargetOutperformC$48.00 ➝ C$45.00
3/2/2022Raymond JamesSet Price TargetStrong-BuyC$55.00
1/25/2022BMO Capital MarketsBoost Price TargetC$36.00 ➝ C$40.00
1/12/2022ScotiabankBoost Price TargetC$40.00 ➝ C$45.00
1/10/2022CIBCBoost Price TargetC$36.00 ➝ C$44.00
1/5/2022TD SecuritiesBoost Price TargetC$38.00 ➝ C$41.00
12/19/2021Raymond JamesBoost Price TargetStrong-BuyC$53.00 ➝ C$55.00
12/17/2021TD SecuritiesBoost Price TargetBuyC$37.00 ➝ C$38.00
12/13/2021Raymond JamesBoost Price TargetStrong-BuyC$47.00 ➝ C$55.00
10/27/2021CIBCReiterated RatingOutperformC$35.00
10/27/2021Raymond JamesReiterated RatingStrong-BuyC$47.00
10/21/2021CIBCBoost Price TargetC$34.00 ➝ C$35.00
10/11/2021ScotiabankLower Price TargetC$42.00 ➝ C$40.00
9/30/2021CIBCReiterated RatingBuy
9/29/2021Raymond JamesLower Price TargetStrong-BuyC$50.00 ➝ C$47.00
9/15/2021TD SecuritiesReiterated RatingBuy
9/14/2021TD SecuritiesBoost Price TargetNAC$37.00 ➝ C$39.00
9/10/2021Royal Bank of CanadaReiterated RatingOutperformC$45.00
8/25/2021CIBCReiterated RatingOutperformC$34.00
8/4/2021CIBCBoost Price TargetC$32.00 ➝ C$34.00
8/3/2021TD SecuritiesLower Price TargetBuyC$41.00 ➝ C$39.00
8/1/2021Raymond JamesReiterated RatingStrong-BuyC$50.00
7/30/2021CIBCReiterated RatingOutperformC$32.00
7/26/2021Raymond JamesReiterated RatingStrong-BuyC$53.00 ➝ C$50.00
7/21/2021Raymond JamesReiterated RatingStrong-BuyC$53.00
7/20/2021CIBCLower Price TargetNAC$41.00 ➝ C$32.00
7/8/2021ScotiabankBoost Price TargetC$42.00 ➝ C$44.00
6/9/2021Raymond JamesReiterated RatingStrong-BuyC$53.00
6/9/2021Royal Bank of CanadaBoost Price TargetOutperformC$45.00
5/25/2021Raymond JamesBoost Price TargetSpeculative BuyC$46.00 ➝ C$53.00
5/19/2021ScotiabankBoost Price TargetC$40.00 ➝ C$42.00
5/3/2021BMO Capital MarketsBoost Price TargetOutperformC$31.00 ➝ C$36.00
4/30/2021Raymond JamesReiterated RatingStrong-BuyC$46.00
4/30/2021Royal Bank of CanadaReiterated RatingOutperformC$40.00
4/29/2021CIBCReiterated RatingOutperformC$41.00
4/28/2021ScotiabankBoost Price TargetC$37.00 ➝ C$40.00
4/23/2021TD SecuritiesBoost Price TargetBuyC$36.00 ➝ C$41.00
4/13/2021CIBCBoost Price TargetC$35.00 ➝ C$41.00
4/12/2021CIBCInitiated CoverageOutperformC$35.00
4/7/2021Raymond JamesBoost Price TargetOutperformC$40.00 ➝ C$46.00
4/7/2021ScotiabankBoost Price TargetC$33.00 ➝ C$37.00
3/3/2021ScotiabankBoost Price TargetC$29.00 ➝ C$33.00
3/1/2021CIBCBoost Price TargetC$34.00 ➝ C$35.00
2/26/2021TD SecuritiesBoost Price TargetBuyC$31.00 ➝ C$32.00
2/25/2021ScotiabankBoost Price TargetC$27.00 ➝ C$29.00
2/25/2021Raymond JamesBoost Price TargetStrong-BuyC$37.50 ➝ C$40.00
2/4/2021CIBCBoost Price TargetC$29.00 ➝ C$34.00
1/13/2021Raymond JamesBoost Price TargetStrong-BuyC$35.00 ➝ C$37.50
1/6/2021ScotiabankBoost Price TargetC$24.00 ➝ C$27.00
12/18/2020CIBCBoost Price TargetC$23.00 ➝ C$29.00
12/10/2020Raymond JamesUpgradeOutperform ➝ Strong-BuyC$26.50 ➝ C$35.00
10/26/2020TD SecuritiesBoost Price TargetBuyC$21.00 ➝ C$22.00
10/23/2020Raymond JamesBoost Price TargetOutperformC$23.50 ➝ C$26.50
10/20/2020Royal Bank of CanadaBoost Price TargetC$26.00 ➝ C$27.00
10/2/2020ScotiabankBoost Price TargetC$23.00 ➝ C$24.00
9/3/2020ScotiabankBoost Price TargetC$17.50 ➝ C$23.00
8/27/2020BMO Capital MarketsBoost Price TargetC$19.00 ➝ C$29.00
8/25/2020CIBCBoost Price TargetC$19.00 ➝ C$25.00
8/19/2020Raymond JamesBoost Price TargetOutperformC$19.50 ➝ C$23.50
8/19/2020Royal Bank of CanadaBoost Price TargetC$22.00 ➝ C$26.00
7/28/2020CIBCBoost Price TargetC$17.00 ➝ C$19.00
7/27/2020TD SecuritiesBoost Price TargetBuyC$17.00 ➝ C$19.00
7/27/2020Royal Bank of CanadaBoost Price TargetC$18.00 ➝ C$22.00
7/24/2020Raymond JamesBoost Price TargetOutperformC$18.00 ➝ C$19.50
7/24/2020ScotiabankBoost Price TargetC$15.00 ➝ C$17.50
7/15/2020Raymond JamesBoost Price TargetOutperformC$14.00 ➝ C$19.00
7/8/2020Raymond JamesSet Price TargetOutperformC$14.00
6/19/2020TD SecuritiesBoost Price TargetC$10.50 ➝ C$13.00
6/18/2020Raymond JamesSet Price TargetOutperformC$14.00
6/15/2020CIBCBoost Price TargetC$12.00 ➝ C$13.00
6/4/2020Raymond JamesBoost Price TargetOutperformC$10.00 ➝ C$14.00
4/27/2020CIBCLower Price TargetC$13.00 ➝ C$12.00
4/24/2020Raymond JamesSet Price TargetOutperformC$10.00
4/14/2020CIBCLower Price TargetC$15.00 ➝ C$13.00
4/13/2020ScotiabankLower Price TargetC$12.50 ➝ C$12.00
4/7/2020Raymond JamesLower Price TargetOutperformC$13.50 ➝ C$10.00
3/30/2020Raymond JamesLower Price TargetOutperformC$17.00 ➝ C$13.50
3/30/2020ScotiabankLower Price TargetC$17.00 ➝ C$12.50
2/24/2020TD SecuritiesBoost Price TargetBuyC$16.00 ➝ C$16.50
2/24/2020Royal Bank of CanadaBoost Price TargetOutperformC$17.00 ➝ C$18.00
2/21/2020Raymond JamesSet Price TargetOutperformC$17.00
1/14/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$16.00 ➝ C$17.00
1/13/2020CIBCUpgradeNeutral ➝ OutperformC$16.00 ➝ C$15.00
12/18/2019Raymond JamesSet Price TargetOutperformC$18.00
12/18/2019TD SecuritiesUpgradeTender ➝ BuyC$16.00
12/17/2019ScotiabankLower Price TargetC$16.00 ➝ C$15.50
10/30/2019Raymond JamesReiterated RatingOutperformC$18.00
10/29/2019TD SecuritiesDowngradeHold ➝ TenderC$16.00
10/11/2019CIBCBoost Price TargetC$14.00 ➝ C$16.00
10/9/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$17.00 ➝ C$16.00
9/3/2019Raymond JamesReiterated RatingOutperformC$18.00
8/13/2019TD SecuritiesDowngradeBuy ➝ HoldC$12.50 ➝ C$16.00
8/12/2019Raymond JamesSet Price TargetOutperformC$18.00
7/29/2019TD SecuritiesLower Price TargetBuyC$13.00 ➝ C$12.50
7/26/2019Raymond JamesReiterated RatingOutperformC$18.00
7/16/2019Raymond JamesDowngradeStrong-Buy ➝ Outperform
7/9/2019Royal Bank of CanadaLower Price TargetC$20.00 ➝ C$17.00
6/18/2019CIBCUpgradeNeutral ➝ OutperformC$11.00 ➝ C$14.00
6/12/2019Raymond JamesReiterated RatingStrong-BuyC$18.00
6/7/2019CIBCLower Price TargetC$15.00 ➝ C$11.00
5/28/2019Raymond JamesSet Price TargetStrong-BuyC$18.00
5/3/2019CIBCLower Price TargetC$18.00 ➝ C$15.00
5/2/2019Raymond JamesReiterated RatingStrong-BuyC$18.00
5/2/2019TD SecuritiesLower Price TargetBuyC$20.00 ➝ C$17.00
4/22/2019Raymond JamesLower Price TargetC$22.00 ➝ C$18.00
4/17/2019TD SecuritiesLower Price TargetC$22.00 ➝ C$20.00
4/5/2019Royal Bank of CanadaLower Price TargetC$21.00 ➝ C$20.00
4/3/2019Raymond JamesLower Price TargetC$25.00 ➝ C$22.00
3/11/2019BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
2/28/2019BMO Capital MarketsSet Price TargetC$20.00
2/25/2019Royal Bank of CanadaLower Price TargetOutperformC$23.00 ➝ C$21.00
2/25/2019TD SecuritiesLower Price TargetBuyC$26.00 ➝ C$22.00
2/22/2019Raymond JamesReiterated RatingStrong-BuyC$25.00
1/14/2019CIBCLower Price TargetC$23.00 ➝ C$18.00
1/8/2019Royal Bank of CanadaLower Price TargetC$29.00 ➝ C$23.00
11/16/2018Raymond JamesUpgradeOutperform ➝ Strong-BuyC$32.00 ➝ C$35.00
11/16/2018Royal Bank of CanadaLower Price TargetOutperformC$36.00 ➝ C$29.00
10/29/2018CIBCLower Price TargetC$25.00 ➝ C$23.00
10/19/2018BMO Capital MarketsLower Price TargetC$27.00 ➝ C$22.00
10/15/2018CIBCLower Price TargetC$33.00 ➝ C$25.00
9/19/2018CIBCLower Price TargetC$37.00 ➝ C$33.00
7/27/2018TD SecuritiesBoost Price TargetBuyC$41.00 ➝ C$42.00
7/12/2018CIBCBoost Price TargetC$33.00 ➝ C$37.00
4/26/2018ScotiabankBoost Price TargetSector PerformC$31.50 ➝ C$32.00
4/26/2018TD SecuritiesBoost Price TargetBuyC$38.00 ➝ C$39.00
4/17/2018Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$33.00 ➝ C$39.00
4/10/2018Raymond JamesBoost Price TargetC$36.00 ➝ C$40.00
3/19/2018CIBCBoost Price TargetC$32.00 ➝ C$33.00
2/28/2018BMO Capital MarketsReiterated RatingMarket PerformC$26.00
2/27/2018TD SecuritiesBoost Price TargetBuyC$32.00 ➝ C$36.00
2/27/2018CIBCBoost Price TargetC$30.00 ➝ C$32.00
2/26/2018Royal Bank of CanadaBoost Price TargetSector PerformC$26.00 ➝ C$33.00
2/23/2018ScotiabankBoost Price TargetSector PerformC$26.50 ➝ C$27.00
2/23/2018Raymond JamesBoost Price TargetOutperformC$17.00 ➝ C$17.50
1/30/2018Raymond JamesBoost Price TargetC$30.00 ➝ C$33.00
1/12/2018CIBCBoost Price TargetC$27.00 ➝ C$30.00
1/12/2018Royal Bank of CanadaUpgradeUnderperform ➝ Sector PerformC$20.00 ➝ C$26.00
11/3/2017ScotiabankBoost Price TargetSector PerformC$25.25 ➝ C$26.00
10/26/2017CIBCBoost Price TargetC$25.00 ➝ C$27.00
10/24/2017ScotiabankBoost Price TargetSector PerformC$24.25 ➝ C$25.25
10/24/2017TD SecuritiesBoost Price TargetC$29.00 ➝ C$30.00
10/19/2017CIBCBoost Price TargetC$21.00 ➝ C$25.00
8/14/2017BMO Capital MarketsDowngradeOutperform ➝ Market Perform
(Data available from 8/9/2017 forward)

News Sentiment Rating

0.25 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/10/2022
  • 1 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
2/9/2022
  • 2 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/11/2022
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
4/10/2022
  • 1 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/10/2022
  • 0 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/9/2022
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/9/2022
  • 2 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
8/8/2022

Current Sentiment

  • 2 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Canfor logo
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.
Read More

Today's Range

Now: C$26.70
Low: C$26.69
High: C$27.10

50 Day Range

MA: C$24.85
Low: C$21.64
High: C$27.30

52 Week Range

Now: C$26.70
Low: C$21.01
High: C$33.89

Volume

4,965 shs

Average Volume

319,919 shs

Market Capitalization

C$3.27 billion

P/E Ratio

3.00

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$42.17, suggesting a possible upside of 55.2%. Raymond James has the highest price target set, predicting CFP will reach C$55.00 in the next twelve months. CIBC has the lowest price target set, forecasting a price of C$36.00 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 and 1 strong buy rating 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, GreenFirst Forest Products, Acadian Timber, Enviva and Methanex. Learn More about companies similar to Canfor.

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. Learn More about contacing Canfor investor relations.