The Domtar Corp (UFS) Stock Rating Reaffirmed by Royal Bank Of Canada

The Domtar Corp (UFS) Stock Rating Reaffirmed by Royal Bank Of Canada

Domtar Corp (TSE:UFS)‘s stock had its “outperform” rating reiterated by stock analysts at Royal Bank Of Canada in a research report issued to clients and investors on Tuesday, StockTargetPrices.com reports.

A number of other research firms also recently weighed in on UFS. TD Securities boosted their target price on Domtar Corp from C$41.00 to C$42.00 and gave the stock a “hold” rating in a research report on Thursday, July 28th. Goldman Sachs Group Inc. assumed coverage on Domtar Corp in a research note on Thursday, September 22nd. They set a “neutral” rating for the company. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Domtar Corp currently has an average rating of “Hold” and an average price target of C$43.70.

Shares of Domtar Corp (TSE:UFS) opened at 49.52 on Tuesday. The stock has a market capitalization of $3.10 billion and a P/E ratio of 34.61. The stock’s 50 day moving average price is $48.49 and its 200-day moving average price is $48.89. Domtar Corp has a 1-year low of $41.62 and a 1-year high of $56.23.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 17th. Investors of record on Monday, October 17th will be paid a dividend of $0.415 per share. The ex-dividend date of this dividend is Thursday, September 29th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 3.35%.

Domtar Corp Company Profile

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