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

Domtar Corp (TSE:UFS) (NYSE:UFS) had its target price lifted by research analysts at National Bank Financial to C$59.00 in a report released on Tuesday, October 31st, reports. The brokerage presently has a “sector perform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 1.97% from the stock’s current price. 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 increased their price objective on shares of Domtar Corp to C$50.00 and gave the company a “sector perform” rating in a report on Thursday, August 3rd. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Domtar Corp presently has a consensus rating of “Hold” and a consensus price target of C$59.70.

Shares of Domtar Corp (TSE:UFS) traded down C$0.01 during midday trading on Tuesday, reaching C$57.86. 45,313 shares of the company traded hands, compared to its average volume of 31,100. Domtar Corp has a fifty-two week low of C$46.97 and a fifty-two week 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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