Interfor Corp (IFP) Receives C$17.13 Average Target Price from Brokerages
Shares of Interfor Corp (TSE:IFP) have earned a consensus recommendation of “Buy” from the eight analysts that are presently covering the firm. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is C$17.13.
A number of equities analysts have recently commented on the company. TD Securities boosted their price objective on Interfor Corp from C$16.00 to C$18.00 and gave the stock a “buy” rating in a research report on Tuesday, August 2nd. Scotiabank reissued an “outperform” rating and set a C$16.50 price objective on shares of Interfor Corp in a research report on Friday, July 29th. National Bank Financial downgraded Interfor Corp from an “outperform overweight” rating to a “sector perform overweight” rating in a research report on Sunday, November 6th. Royal Bank Of Canada boosted their price objective on Interfor Corp from C$16.00 to C$17.00 and gave the stock an “outperform” rating in a research report on Monday, November 7th. Finally, CIBC downgraded Interfor Corp from a “sector outperform” rating to a “sector perform” rating in a report on Wednesday, October 12th.
Shares of Interfor Corp (TSE:IFP) opened at 13.86 on Tuesday. The firm has a market cap of $970.62 million and a PE ratio of 67.61. The stock’s 50 day moving average is $14.77 and its 200-day moving average is $13.57. Interfor Corp has a 52 week low of $8.67 and a 52 week high of $15.99.
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.
Receive News & Stock Ratings for Interfor Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interfor Corp and related stocks with our FREE daily email newsletter.