CIBC Increases Conifex Timber Inc. (CFF) Price Target to C$7.00

Conifex Timber Inc. (CVE:CFF) had its target price upped by equities researchers at CIBC from C$5.00 to C$7.00 in a report issued on Monday.

Conifex Timber has a 1 year low of C$6.40 and a 1 year high of C$9.75.

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In other Conifex Timber news, Director Janine Marie North purchased 10,000 shares of the business’s stock in a transaction dated Friday, November 10th. The stock was bought at an average cost of C$4.97 per share, for a total transaction of C$49,700.00.

Conifex Timber Company Profile

Conifex Timber Inc primarily manufactures and sells lumber products in the United States, China, Canada, and Japan. It operates through two segments, Lumber and Bioenergy. The Lumber segment is involved in timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and the provision of value added lumber finishing services.

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