Shares of Interfor Co. (TSE:IFP - Get Free Report) have received an average rating of "Moderate Buy" from the seven ratings firms that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$24.50.
A number of equities analysts recently commented on IFP shares. Raymond James upgraded Interfor from an "outperform" rating to a "strong-buy" rating and lifted their price objective for the stock from C$26.00 to C$30.00 in a research report on Tuesday, October 22nd. CIBC lifted their price target on Interfor from C$22.00 to C$23.00 in a report on Friday, November 8th. Finally, TD Securities dropped their price objective on shares of Interfor from C$23.00 to C$22.00 in a report on Friday, November 8th.
Check Out Our Latest Analysis on IFP
Insider Transactions at Interfor
In related news, Director Ian Fillinger bought 5,490 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The stock was purchased at an average price of C$18.48 per share, for a total transaction of C$101,433.24. Company insiders own 0.94% of the company's stock.
Interfor Price Performance
IFP traded down C$0.10 during trading on Tuesday, reaching C$17.70. The company's stock had a trading volume of 138,765 shares, compared to its average volume of 158,559. The company has a quick ratio of 1.15, a current ratio of 2.02 and a debt-to-equity ratio of 62.31. The firm has a fifty day simple moving average of C$19.76 and a two-hundred day simple moving average of C$18.23. The company has a market cap of C$910.67 million, a price-to-earnings ratio of -2.53 and a beta of 2.54. Interfor has a 1 year low of C$15.35 and a 1 year high of C$26.00.
About Interfor
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Get Free ReportInterfor 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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