Domtar Corp (TSE:UFS) (NYSE:UFS) had its price target increased by investment analysts at National Bank Financial to C$59.00 in a research note issued to investors on Tuesday. The brokerage currently has a “sector perform” rating on the stock.

Separately, Scotiabank increased their target price on Domtar Corp to C$50.00 and gave the company a “sector perform” rating in a research note 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. The company has an average rating of “Hold” and an average price target of C$59.70.

Shares of Domtar Corp (TSE UFS) opened at 59.00 on Tuesday. The firm’s 50-day moving average is $54.19 and its 200-day moving average is $51.00. Domtar Corp has a 12-month low of $45.48 and a 12-month high of $59.27. The firm has a market cap of $3.70 billion and a PE ratio of 22.50.

TRADEMARK VIOLATION NOTICE: “National Bank Financial Raises Domtar Corp (UFS) Price Target to C$59.00” was first posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US & international trademark & copyright law. The legal version of this article can be read at https://theolympiareport.com/2017/10/31/national-bank-financial-raises-domtar-corp-ufs-price-target-to-c59-00.html.

About Domtar Corp

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.

Analyst Recommendations for Domtar Corp (TSE:UFS)

Receive News & Ratings for Domtar Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domtar Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.