Interline Brands (IBI) – Analysts’ Recent Ratings Updates
Interline Brands (NYSE: IBI) received a number of ratings updates from brokerages and research firms in the last week:
- Ibi Group was downgraded by analysts at National Bank from an “outperform” rating to a “sector perform” rating.
- Ibi Group was downgraded by analysts at Laurentian from a “buy” rating to a “hold” rating. They now have a $9.50 price target on the stock, down previously from $14.50.
- Ibi Group had its price target lowered by analysts at Desjardins Securities from $12.50 to $10.00.
- Ibi Group had its price target lowered by analysts at Laurentian from $9.50 to $7.50.
- Ibi Group had its price target lowered by analysts at Northland Capital from $16.50 to $12.00.
- Ibi Group had its price target lowered by analysts at Stonecap Securities from $11.50 to $8.00.
- Ibi Group was downgraded by analysts at Raymond James from an “outperform” rating to a “market perform” rating. They now have a $9.00 price target on the stock, down previously from $13.00.
- Ibi Group was downgraded by analysts at CIBC from an “outperform” rating to a “sector perform” rating. They now have a $8.50 price target on the stock, down previously from $12.50.
- Ibi Group had its “sell” rating reaffirmed by analysts at Canaccord Genuity. They now have a $6.50 price target on the stock.
- Ibi Group was downgraded by analysts at TD Securities from a “buy” rating to a “hold” rating. They now have a $7.50 price target on the stock, down previously from $12.00.
- Ibi Group had its price target lowered by analysts at Scotia Capital from $8.25 to $6.50. They now have an “underperform” rating on the stock.
Interline Brands, Inc. remained flat at $25.49 during trading on Wednesday. Interline Brands, Inc. has a 52-week low of $12.20 and a 52-week high of $25.51. The company has a market cap of $813.9 million and a price-to-earnings ratio of 22.30.
Interline Brands, Inc. (Interline) is the holding company of the Interline group of businesses, including its principal operating subsidiary, Interline Brands, Inc.
