Interfor (IFP) Stock Forecast & Price Target

C$17.44

+0.59 (+3.50%)

(As of 07/26/2024 ET)

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

Interfor - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 7 Analyst Ratings

Based on 7 Wall Street analysts who have issued ratings for Interfor in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 2 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for IFP.

Consensus Price Target

C$23.67
35.70% Upside

High Forecast	C$30.00
Average Forecast	C$23.67
Low Forecast	C$18.00

According to the 7 analysts' twelve-month price targets for Interfor, the average price target is C$23.67. The highest price target for IFP is C$30.00, while the lowest price target for IFP is C$18.00. The average price target represents a forecasted upside of 35.70% from the current price of C$17.44.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Buy	Moderate Buy	Buy
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)
Hold	2 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$23.67	C$26.00	C$27.17	C$32.00
Forecasted Upside	35.70% Upside	43.36% Upside	39.46% Upside	29.21% Upside

Get Interfor Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for IFP and its competitors with MarketBeat's FREE daily newsletter.

Ad Monument Traders Alliance

This student turned $1,300 into $45,000 in just 4 Months!

With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... In fact, it just detected a move happening this MONDAY.

See here to see the full details.

IFP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

IFP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Interfor Stock vs. The Competition

Type	Interfor	Basic Materials Companies
Consensus Rating Score	2.86	2.64
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/23/2024	Raymond James 4 of 5 stars		Boost Target	Outperform	C$26.00 ➝ C$30.00	+84.05%
7/23/2024	TD Securities 4 of 5 stars		Lower Target		C$24.00 ➝ C$20.00	+22.70%
7/23/2024	BMO Capital Markets 3 of 5 stars	K. Mamtora Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Strong-Buy	C$27.00 ➝ C$24.00	+47.24%
7/18/2024	Cibc World Mkts Subscribe to MarketBeat All Access for the recommendation accuracy rating	H. Patel Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
7/18/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	C$22.00 ➝ C$18.00	+9.16%
7/11/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$27.00 ➝ C$24.00	+51.42%
Get the Latest News and Ratings for IFP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Interfor and its competitors with MarketBeat's FREE daily newsletter.
5/13/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$29.00 ➝ C$26.00	+45.90%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:55 AM ET.

IFP Forecast - Frequently Asked Questions

What is Interfor's forecast for 2024?: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Interfor is C$23.67, with a high forecast of C$30.00 and a low forecast of C$18.00.
Should I buy or sell Interfor stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Interfor in the last twelve months. There are currently 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" IFP shares.
Does Interfor's stock price have much upside?: According to analysts, Interfor's stock has a predicted upside of 40.64% based on their 12-month stock forecasts.
Has Interfor been downgraded by Wall Street analysts recently?: Over the previous 90 days, Interfor's stock had 2 downgrades by analysts.
What analysts cover Interfor?: Interfor has been rated by research analysts at BMO Capital Markets, CIBC, Cibc World Mkts, Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities in the past 90 days.
Do Wall Street analysts like Interfor more than its competitors?: Analysts like Interfor more than other "basic materials" companies. The consensus rating score for Interfor is 2.86 while the average consensus rating score for "basic materials" companies is 2.64. Learn more on how IFP compares to other companies.