Analyst Upgrades – Conifex Timber (TSE:CFF) Stock Gets Upgraded By Royal Bank Of Canada from Sector Perform to Outperform

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Analyst Ratings For Conifex Timber (TSE:CFF)

Today, Conifex Timber (TSE:CFF) stock received an upgrade by Royal Bank Of Canada from Sector Perform to Outperform with a price target of C$4.50.

There are 2 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Conifex Timber (TSE:CFF) is Buy (Score: 2.50) with a consensus target price of C$4.19 per share, a potential .

Some recent analyst ratings include

  • 2/16/2017-Royal Bank Of Canada Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.
  • 1/11/2017-TD Securities Reiterated Rating of Hold.
  • 11/10/2016-National Bank Financial was Downgraded by analysts at National Bank Financial from a “Outperform Overweight ” rating to a ” Sector Perform Overweight” rating.


    About Conifex Timber (TSE:CFF)
    Conifex Timber Inc. is a Canada-based forestry company. The Company operates two business segments: Lumber and Bioenergy. The Lumber segment includes timber harvesting, reforestation, forest management, and the manufacture, sale and distribution of dimension lumber. The Lumber segment operates approximately three sawmill complexes in British Columbia, over one in Fort St. James and over two in Mackenzie. It has approximately 40 megawatt (MW) biomass power generation plant (the Mackenzie Plant) to produce renewable energy for commercial sale. It markets and distributes the Company’s lumber products through its subsidiaries, Conifex Fibre Marketing Inc. and Navcor Transportation Services Inc. In the Company’s bioenergy segment, its subsidiary, Conifex Power Limited Partnership, owns and operates the Mackenzie Plant in Mackenzie BC. The Company’s lumber products are primarily sold in the United States, Chinese, Canadian and Japanese markets.

    Recent Trading Activity for Conifex Timber (TSE:CFF)
    Shares of Conifex Timber closed the previous trading session at 3.29 up +0.06 1.86% with 24,956 shares trading hands.