Interfor Co. (TSE:IFP - Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as C$15.01 and last traded at C$15.07, with a volume of 60805 shares. The stock had previously closed at C$15.28.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on IFP. Raymond James cut their price target on shares of Interfor from C$30.00 to C$26.00 and set a "strong-buy" rating on the stock in a report on Thursday, January 30th. CIBC cut their price target on shares of Interfor from C$22.00 to C$20.00 in a report on Tuesday, February 18th. Scotiabank cut shares of Interfor from an "outperform" rating to a "sector perform" rating in a report on Monday, March 3rd. Finally, Royal Bank of Canada dropped their target price on shares of Interfor from C$27.00 to C$26.00 and set an "outperform" rating on the stock in a report on Friday, December 20th. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$23.67.
Read Our Latest Analysis on Interfor
Interfor Stock Performance
The company has a market cap of C$761.25 million, a PE ratio of -1.80 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. The firm's 50-day simple moving average is C$16.67 and its two-hundred day simple moving average is C$18.10.
Insiders Place Their Bets
In other news, Director Ian Fillinger acquired 3,150 shares of the company's stock in a transaction that occurred on Monday, December 30th. The stock was purchased at an average price of C$16.29 per share, with a total value of C$51,304.05. 0.94% of the stock is currently owned by company insiders.
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.
Featured Articles
Before you consider Interfor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Interfor wasn't on the list.
While Interfor currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for April 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
