Interfor Co. (TSE:IFP) Receives Average Rating of “Hold” from Analysts

Shares of Interfor Co. (TSE:IFP) have earned an average rating of “Hold” from the seven ratings firms that are covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$20.00.

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

Interfor Stock Down 0.7%

Shares of IFP stock opened at C$13.22 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.69 and a debt-to-equity ratio of 61.24. The stock has a market cap of C$684.61 million, a P/E ratio of -1.62 and a beta of 2.54. Interfor has a 52 week low of C$12.17 and a 52 week high of C$21.44. The company’s fifty day simple moving average is C$13.13 and its two-hundred day simple moving average is C$14.98.

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.