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Canfor Pulp Products (CFX) Gets a Hold from RBC Capital

RBC Capital analyst Matt McKellar maintained a Hold rating on Canfor Pulp Products (CFXResearch Report) on May 9 and set a price target of C$1.00. The company’s shares closed last Friday at C$0.76.

According to TipRanks, McKellar is a 2-star analyst with an average return of 0.6% and a 34.13% success rate. McKellar covers the Basic Materials sector, focusing on stocks such as Clearwater Paper, Mercer International, and Rayonier Advanced Materials.

Currently, the analyst consensus on Canfor Pulp Products is a Moderate Buy with an average price target of C$1.08.

CFX market cap is currently C$49.58M and has a P/E ratio of -0.32.