Domtar Corp Increases Again; Strong Momentum for Buyers


The stock of Domtar Corp (TSE:UFS) is a huge mover today! The stock increased 0.51% or $0.24 on September 13, hitting $46.89. About 20,113 shares traded hands. Domtar Corp (TSE:UFS) has risen 7.29% since February 5, 2016 and is uptrending. It has underperformed by 9.20% the S&P500.
The move comes after 8 months positive chart setup for the $2.97B company. It was reported on Sep, 14 by We have $75.96 PT which if reached, will make TSE:UFS worth $1.84 billion more.

Domtar Corporation designs, manufactures, markets and distributes a range of fiber products, including communication papers, specialty and packaging papers and absorbent hygiene products. The company has a market cap of $2.97 billion. The Firm operates through two business divisions: Pulp and Paper, and Personal Care. It has a 25.18 P/E ratio. The Company’s Pulp and Paper segment is engaged in the designing, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.

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