Canada Research Roundup: Canfor, Interfor, West Fraser Timber

Source Energy Services

19/09/2018 09:45

Sept 19 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Canfor, Interfor and West Fraser Timber, on Wednesday. 
    
    HIGHLIGHTS    
    
     * Canfor Corp  CFP.TO : CIBC cuts price target to C$33 from C$37
     * Interfor Corp  IFP.TO : CIBC cuts to neutral from outperform
     * West Fraser Timber Co Ltd  WFT.TO : CIBC cuts to neutral from outperformer      
 
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order. 
    
     * Canfor Corp  CFP.TO : CIBC cuts price target to C$33 from C$37
     * Canwel Building Materials Group Ltd  CWX.TO : CIBC cuts price target to C$6.50 from C$7
     * Conifex Timber Inc  CFF.TO : CIBC cuts price target to C$5.50 from C$9
     * Hardwoods Distribution Inc  HDI.TO : CIBC cuts price target to C$21 from C$22
     * Interfor Corp  IFP.TO : CIBC cuts price target to C$26 from C$33
     * Interfor Corp  IFP.TO : CIBC cuts to neutral from outperform
     * Norbord Inc  OSB.TO : CIBC cuts price target to C$46 from C$54
     * Source Energy Services Ltd  SHLE.TO : Morgan Stanley cuts target to C$6.50 from C$7.50
     * Stella-Jones Inc  SJ.TO : CIBC cuts price target to C$52 from C$53
     * Uni-Select Inc  UNS.TO : RBC cuts target price to C$25 from C$28
     * West Fraser Timber Co Ltd  WFT.TO : CIBC cuts price target to C$97 from C$112
     * West Fraser Timber Co Ltd  WFT.TO : CIBC cuts to neutral from outperformer
     * Western Forest Products Inc  WEF.TO : CIBC cuts price target to C$2.50 from C$3
     * Western Forest Products Inc  WEF.TO : CIBC cuts to neutral from outperformer
    
    

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))