Conifex Timber Inc (CFF) Price Target Raised to C$8.00 at Royal Bank Of Canada

Conifex Timber Inc (TSE:CFF) had its target price upped by Royal Bank Of Canada from C$7.00 to C$8.00 in a report released on Friday morning. Royal Bank Of Canada currently has an outperform rating on the stock.

CFF has been the subject of a number of other research reports. CIBC raised their price objective on shares of Conifex Timber from C$4.50 to C$5.00 in a research note on Thursday, October 19th. TD Securities raised their price objective on shares of Conifex Timber from C$3.75 to C$4.00 and gave the stock a hold rating in a research note on Friday, August 11th.

Conifex Timber (CFF) opened at C$5.40 on Friday. Conifex Timber has a 52 week low of C$2.75 and a 52 week high of C$5.49.

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In other Conifex Timber news, insider Holdings Limited Princeton sold 124,800 shares of Conifex Timber stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of C$4.61, for a total transaction of C$575,328.00.

Conifex Timber Company Profile

Conifex Timber Inc is a forestry company. The Company’s segments include Lumber, Bioenergy and Corporate & other. The Lumber segment’s primary activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and lumber finishing. In its Lumber segment, the Company owns three sawmill complexes in British Columbia, one in Fort St.

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