Domtar Corp Increases Again; Strong Momentum for Buyers

 Domtar Corp Increases Again; Strong Momentum for Buyers

The stock of Domtar Corp (TSE:UFS) is a huge mover today! About 50,123 shares traded hands or 29.55% up from the average. Domtar Corp (TSE:UFS) has declined 5.46% since April 8, 2016 and is downtrending. It has underperformed by 10.44% the S&P500.
The move comes after 7 months positive chart setup for the $3.27 billion company. It was reported on Nov, 14 by Barchart.com. We have $67.80 PT which if reached, will make TSE:UFS worth $1.08B more.

Domtar Corp (TSE:UFS) Ratings Coverage

Out of 2 analysts covering Domtar Corp (TSE:UFS), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Domtar Corp has been the topic of 3 analyst reports since April 29, 2016 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Tuesday, October 11 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Friday, April 29 with “Outperform”. The stock has “Hold” rating given by TD Securities on Friday, October 28.

More important recent Domtar Corp (TSE:UFS) news were published by: Marketwatch.com which released: “Domtar downgraded to underperform from neutral at DA Davidson” on December 21, 2009, also Quotes.Wsj.com published article titled: “News Domtar Corp.UFS”, Bizjournals.com published: “Domtar to cut 100 jobs from eastern N.C. pulp plant” on September 30, 2016. More interesting news about Domtar Corp (TSE:UFS) was released by: Bizjournals.com and their article: “International sales vital to Fort Mill’s Domtar Corp.” with publication date: September 15, 2016.

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 $3.27 billion. The Firm operates through two business divisions: Pulp and Paper, and Personal Care. It has a 17.15 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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