Fortress Paper (TSE:FTP) had its price objective lifted by Raymond James Financial from C$4.50 to C$6.00 in a report published on Friday. The brokerage currently has an outperform rating on the stock.

Shares of Fortress Paper (FTP) opened at C$4.25 on Friday. The stock has a market capitalization of $59.09, a P/E ratio of -2.30 and a beta of -1.01. Fortress Paper has a 12-month low of C$2.91 and a 12-month high of C$8.70.

TRADEMARK VIOLATION WARNING: “Raymond James Financial Raises Fortress Paper (FTP) Price Target to C$6.00” was first published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be accessed at https://theolympiareport.com/2017/12/25/raymond-james-financial-raises-fortress-paper-ftp-price-target-to-c6-00.html.

Fortress Paper Company Profile

Fortress Paper Ltd. is a Canada-based producer of specialty pulp, security papers and other security related products. The Company operates through two segments: the Dissolving Pulp and the Security Paper Products. The Company operates its dissolving pulp business through the Fortress Specialty Cellulose (FSC) mill located in Thurso, Quebec, Canada, which also operates in the renewable energy generation sector through its cogeneration facility.

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