Interfor Co. (TSE:IFP) Given Average Rating of "Hold" by Analysts

Shares of Interfor Co. (TSE:IFP - Get Free Report) have earned a consensus rating of "Hold" from the seven research firms that are covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is C$20.00.

IFP has been the subject of several research reports. TD Securities decreased their price objective on shares of Interfor from C$20.00 to C$16.00 and set a "hold" rating for the company in a report on Thursday, April 17th. Raymond James Financial dropped their target price on Interfor from C$26.00 to C$22.00 and set a "sector perform" rating on the stock in a report on Wednesday, April 30th. Royal Bank Of Canada cut their price target on shares of Interfor from C$26.00 to C$21.00 and set an "outperform" rating on the stock in a report on Tuesday, April 22nd. CIBC reduced their price objective on Interfor from C$20.00 to C$17.00 and set a "neutral" rating for the company in a report on Tuesday, April 22nd. Finally, Scotiabank cut their target price on shares of Interfor from C$22.50 to C$20.00 in a research report on Monday, May 12th.

Interfor Price Performance

IFP stock opened at C$13.22 on Friday. The firm's 50-day moving average price is C$13.13 and its two-hundred day moving average price is C$14.98. The stock has a market capitalization of C$684.61 million, a price-to-earnings ratio of -1.62 and a beta of 2.54. The company has a current ratio of 1.69, a quick ratio of 1.15 and a debt-to-equity ratio of 61.24. Interfor has a 12-month low of C$12.17 and a 12-month high of C$21.44.

About Interfor

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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