Interfor Corp (TSE:IFP) had its price target upped by Royal Bank Of Canada from C$22.00 to C$23.00 in a research note published on Tuesday, August 8th. They currently have an outperform rating on the stock.
Several other analysts have also recently weighed in on IFP. TD Securities boosted their price objective on shares of Interfor Corp from C$19.00 to C$23.00 and gave the stock a buy rating in a research note on Wednesday, April 12th. CIBC boosted their price objective on shares of Interfor Corp from C$18.00 to C$22.00 in a research note on Monday, April 24th. Scotiabank boosted their price objective on shares of Interfor Corp from C$20.00 to C$22.00 and gave the stock an outperform rating in a research note on Wednesday, April 26th. Finally, Raymond James Financial, Inc. boosted their price objective on shares of Interfor Corp from C$24.00 to C$26.00 and gave the stock a strong-buy rating in a research note on Friday, May 5th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Interfor Corp currently has an average rating of Buy and an average target price of C$22.50.
Interfor Corp (TSE:IFP) opened at 17.39 on Tuesday. The company has a 50 day moving average price of $18.92 and a 200-day moving average price of $18.18. Interfor Corp has a one year low of $13.49 and a one year high of $20.40. The firm has a market capitalization of $1.22 billion and a PE ratio of 14.18.
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About Interfor Corp
Interfor Corporation, together with its subsidiaries, produces wood products. It offers commodity structural lumber products; and specialty products, such as exterior decking and siding products, machine stress rated products, industrial timber products, and various appearance grade items. The company is also involved in the purchase and sale of logs that are unsuitable for cutting or in excess of its manufacturing requirements.
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