Conifex Timber Inc. (CFF.TO) (TSE:CFF) Price Target Increased to C$2.50 by Analysts at Raymond James

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Conifex Timber Inc. (CFF.TO) (TSE:CFF) had its price target lifted by Raymond James from C$2.25 to C$2.50 in a research report sent to investors on Wednesday, BayStreet.CA reports. They currently have an outperform rating on the stock.

CFF has been the subject of several other reports. CIBC boosted their target price on shares of Conifex Timber Inc. (CFF.TO) from C$1.60 to C$2.00 in a research report on Friday, December 18th. Royal Bank of Canada lifted their price target on shares of Conifex Timber Inc. (CFF.TO) from C$1.50 to C$2.00 in a report on Tuesday, October 20th.

Shares of TSE CFF opened at C$1.41 on Wednesday. The firm has a 50 day moving average of C$1.49 and a 200 day moving average of C$1.24. The company has a current ratio of 1.78, a quick ratio of 0.78 and a debt-to-equity ratio of 56.02. The firm has a market capitalization of C$65.49 million and a price-to-earnings ratio of -0.39. Conifex Timber Inc. has a 12-month low of C$0.00 and a 12-month high of C$1.80.

Conifex Timber Inc. (CFF.TO) (TSE:CFF) last announced its earnings results on Tuesday, November 10th. The company reported C$0.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.08. The business had revenue of C$37.59 million for the quarter. Sell-side analysts predict that Conifex Timber Inc. will post 0.22 EPS for the current year.

About Conifex Timber Inc. (CFF.TO)

Conifex Timber Inc primarily manufactures and sells lumber products in the United States, China, Canada, Japan, and internationally. The company's Lumber segment is involved in the timber harvesting, reforestation, and forest management activities; processing logs into lumber and wood chips; and providing value added lumber finishing and distribution services.

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