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Canfor to temporarily cut Canadian production capacity through curtailments at all solid wood facilities in British Columbia and Alberta; curtailments to start being implemented on Dec. 19 will remove some 150 mmbf in December and January
Published: December 06, 2022 by Canada Newswire
CIBC maintains Canfor at neutral with C$25 target, noting limited catalysts until housing sentiment improves; falling home prices, inflation likely to weigh on North American/European consumers’ willingness to start big home renovation projects in 2023
Published: November 02, 2022 by CIBC World Markets Inc.
RBC Capital reiterates Canfor's outperform rating with C$30 price target, noting Q3 adjusted EBITDA falls below RBC's forecast and consensus, but company's significant cash balance should give it flexibility to pursue opportunities as market slows
Published: November 02, 2022 by RBC Capital Markets LLC
Canfor to conduct job fair for new sawmill in DeRidder, Louisiana, on Nov. 15 and 16, in partnership with LED FastStart; the Louisiana Economic Development program tailors recruitment, training, workforce solutions to help prepare employees for new jobs
Published: November 01, 2022 by States News Service
Morningstar cuts Canfor's fair value estimate by C$2 to C$35 on lower near-term revenue growth/profitability estimates; recently announced capacity curtailments from Canfor and others should support lumber prices, but softening demand may keep prices down
Published: October 31, 2022 by Morningstar

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