Q4 2016 EPS Estimates for Interfor Corp (IFP) Lifted by Analyst
Interfor Corp (TSE:IFP) – Equities research analysts at National Bank Financial lifted their Q4 2016 earnings per share estimates for Interfor Corp in a research report issued on Tuesday. National Bank Financial analyst R. Merer now expects that the firm will post earnings per share of $0.33 for the quarter, up from their prior estimate of $0.31.
Other equities research analysts have also recently issued research reports about the company. TD Securities boosted their price target on Interfor Corp from C$16.00 to C$18.00 and gave the company a “buy” rating in a research note on Tuesday, August 2nd. Dundee Securities raised Interfor Corp from a “neutral” rating to a “buy” rating in a research report on Wednesday. Raymond James Financial Inc. decreased their target price on Interfor Corp from C$16.50 to C$15.75 in a research report on Thursday, July 7th. Finally, Scotiabank reaffirmed an “outperform” rating and set a C$16.50 target price on shares of Interfor Corp in a research report on Friday, July 29th. Seven analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average target price of C$16.46.
Shares of Interfor Corp (TSE:IFP) opened at 14.88 on Thursday. Interfor Corp has a 1-year low of $8.67 and a 1-year high of $15.99. The firm has a market cap of $1.04 billion and a PE ratio of 72.59. The stock has a 50 day moving average of $14.98 and a 200 day moving average of $13.19.
Interfor Corp Company Profile
Interfor Corporation, formerly International Forest Products Limited, is a Canada-based supplier of lumber products. The Company operates through solid wood segment. The Company offers lumber products to customers in North America, the Asia-Pacific region and Europe. The Company operates approximately five sawmills in British Columbia.
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