BMO Capital Keeps Their Hold Rating on Domtar Corp

By Carrie Williams

In a report released yesterday, Mark Wilde from BMO Capital reiterated a Hold rating on Domtar Corp (NYSE: UFS), with a price target of $37. The company’s shares closed yesterday at $39.77.

According to TipRanks.com, Wilde is a top 100 analyst with an average return of 13.3% and a 82.4% success rate. Wilde covers the Consumer Goods sector, focusing on stocks such as Multi Packaging Solutions, International Paper Co, and Graphic Packaging.

Domtar Corp has an analyst consensus of Moderate Buy, with a price target consensus of $41.

The company has a one year high of $44.58 and a one year low of $32.74. Currently, Domtar Corp has an average volume of 576K.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock. Last month, Zygmunt Jablonski, the SVP, Law and Corporate Affairs of UFS sold 3,134 shares for a total of $123,887.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Domtar Corp. engages in the designing, manufacturing, marketing, and distributing fiber-based products. It operates through the Pulp and Paper and Personal Care segments.