Domtar Corp (TSE:UFS) PT Raised to C$59.00 at National Bank Financial

Domtar Corp (TSE:UFS) (NYSE:UFS) had its price target lifted by research analysts at National Bank Financial to C$59.00 in a research note issued on Tuesday, October 31st, reports. The firm presently has a “sector perform” rating on the stock. National Bank Financial’s target price suggests a potential upside of 2.11% from the company’s previous close. National Bank Financial also issued estimates for Domtar Corp’s Q4 2017 earnings at $0.81 EPS, FY2017 earnings at $3.32 EPS, FY2018 earnings at $3.65 EPS and FY2019 earnings at $3.66 EPS.

Separately, Scotiabank boosted their target price on shares of Domtar Corp to C$50.00 and gave the company a “sector perform” rating in a research report on Thursday, August 3rd. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of C$59.70.

Shares of Domtar Corp (TSE:UFS) opened at C$57.78 on Tuesday. Domtar Corp has a one year low of C$46.97 and a one year high of C$62.01.

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Domtar Corp Company Profile

Domtar Corporation designs, manufactures, markets and distributes a range of fiber-based products, including communication papers, specialty and packaging papers and absorbent hygiene products. The Company segments include Pulp and Paper and Personal Care. The Pulp and Paper segment consists of the design, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.

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