Interfor Corp (IFP) Downgraded by CIBC
Several other equities analysts have also commented on IFP. Dundee Securities raised Interfor Corp from a neutral rating to a buy rating in a report on Wednesday, September 28th. Scotiabank reissued an outperform rating and issued a C$16.50 target price on shares of Interfor Corp in a report on Friday, July 29th. Raymond James Financial Inc. dropped their target price on Interfor Corp from C$16.50 to C$15.75 in a report on Thursday, July 7th. Finally, TD Securities increased their target price on Interfor Corp from C$16.00 to C$18.00 and gave the company a buy rating in a report on Tuesday, August 2nd. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of C$16.46.
Interfor Corp (TSE:IFP) opened at 14.80 on Wednesday. The firm has a market cap of $1.04 billion and a PE ratio of 72.20. Interfor Corp has a one year low of $8.67 and a one year high of $15.99. The stock has a 50 day moving average price of $14.91 and a 200 day moving average price of $13.32.
About Interfor Corp
Interfor Corporation, formerly International Forest Products Limited, is a Canada-based supplier of lumber products. The Company operates through solid wood segment. The Company offers lumber products to customers in North America, the Asia-Pacific region and Europe. The Company operates approximately five sawmills in British Columbia.
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