Interfor Co. (TSE:IFP) Receives Consensus Rating of “Moderate Buy” from Brokerages

Interfor Co. (TSE:IFPGet Free Report) has earned an average rating of “Moderate Buy” from the seven research firms that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is C$23.67.

Several equities analysts have recently commented on the company. Raymond James dropped their price target on Interfor from C$30.00 to C$26.00 and set a “strong-buy” rating on the stock in a research report on Thursday, January 30th. CIBC dropped their price target on Interfor from C$22.00 to C$20.00 in a research report on Tuesday, February 18th. TD Securities dropped their target price on Interfor from C$23.00 to C$22.00 in a research report on Friday, November 8th. Finally, Royal Bank of Canada dropped their target price on Interfor from C$27.00 to C$26.00 and set an “outperform” rating on the stock in a research report on Friday, December 20th.

Get Our Latest Report on IFP

Insider Transactions at Interfor

In related news, Director Ian Fillinger purchased 3,150 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The stock was acquired at an average price of C$16.29 per share, for a total transaction of C$51,304.05. Company insiders own 0.94% of the company’s stock.

Interfor Stock Up 5.5 %

Shares of TSE:IFP opened at C$17.14 on Friday. The stock has a market capitalization of C$887.61 million, a P/E ratio of -2.10 and a beta of 2.54. Interfor has a 1 year low of C$15.22 and a 1 year high of C$22.38. The stock has a 50-day simple moving average of C$16.94 and a 200-day simple moving average of C$18.20. The company has a debt-to-equity ratio of 61.24, a quick ratio of 1.15 and a current ratio of 1.69.

About Interfor

(Get Free Report

Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers decking, fascia and board, framing, v-joint paneling, fineline paneling, and siding products, as well as appearance, structural, studs, timbers, and machine stress related products.

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Analyst Recommendations for Interfor (TSE:IFP)

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