Interfor (TSE:IFP) had its target price lowered by CIBC from C$23.00 to C$21.00 in a research report sent to investors on Tuesday morning.

Other research analysts have also issued research reports about the company. BMO Capital Markets decreased their target price on Interfor from C$24.00 to C$18.00 in a research report on Friday, October 19th. TD Securities upgraded Interfor from a buy rating to an action list buy rating and set a C$31.00 target price on the stock in a research report on Tuesday, August 7th. Finally, Royal Bank of Canada decreased their target price on Interfor from C$27.00 to C$25.00 and set an outperform rating on the stock in a research report on Monday.

Shares of TSE:IFP opened at C$14.53 on Tuesday. Interfor has a 1 year low of C$13.64 and a 1 year high of C$27.27. The company has a debt-to-equity ratio of 26.28, a current ratio of 3.31 and a quick ratio of 2.10.

In other news, insider Ian Fillinger acquired 2,500 shares of the firm’s stock in a transaction on Tuesday, September 25th. The shares were bought at an average price of C$18.91 per share, for a total transaction of C$47,275.00. Also, insider Martin Leb Juravsky acquired 7,000 shares of the firm’s stock in a transaction on Tuesday, November 13th. The stock was purchased at an average price of C$14.79 per share, for a total transaction of C$103,530.00.

Interfor Company Profile

Interfor Corporation, together with its subsidiaries, produces wood products. The company offers commodity structural lumber products; and specialty products, such as decking and siding products, machine stress rated products, industrial timber products, and various appearance grade items. It also provides wood chips and other residuals.

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