Domtar Corp Gets a Sell Rating from KeyBanc

By Jason Carr

In a report released yesterday, Adam Josephson from KeyBanc reiterated a Sell rating on Domtar Corp (NYSE: UFS), with a price target of $33. The company’s shares closed yesterday at $42.01.

According to TipRanks.com, Josephson is a 3-star analyst with an average return of 7.2% and a 44.2% success rate. Josephson covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Avery Dennison Corp, and Colgate-Palmolive.

Domtar Corp has an analyst consensus of Moderate Buy, with a price target consensus of $38.33.

The company has a one year high of $44.58 and a one year low of $33.99. Currently, Domtar Corp has an average volume of 553.7K.

Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Michael Fagan, the President of UFS sold 4,154 shares for a total of $171,976.

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, which includes communication papers, specialty and packaging papers and absorbent hygiene products. It operates through the following segments: Pulp and Paper, and Personal Care.