Brokerages Set Interfor Co. (TSE:IFP) Price Target at C$13.50

Shares of Interfor Co. (TSE:IFP) have been given an average rating of “Moderate Buy” by the six brokerages that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is C$13.50.

Several analysts have recently commented on the stock. Raymond James Financial raised their target price on shares of Interfor from C$13.00 to C$17.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. TD increased their price target on shares of Interfor from C$14.00 to C$16.00 and gave the stock a “hold” rating in a report on Monday, August 10th.

Interfor Price Performance

Shares of TSE IFP opened at C$14.32 on Wednesday. The stock has a fifty day moving average price of C$13.12 and a 200 day moving average price of C$11.12. Interfor has a 1-year low of C$7.05 and a 1-year high of C$15.28. The company has a debt-to-equity ratio of 71.48, a current ratio of 1.96 and a quick ratio of 1.15. The company has a market cap of C$941.78 million, a PE ratio of -2.12 and a beta of 1.63.

About Interfor

Interfor is a forest products company with operations in Canada and the United States. The Company has annual lumber production capacity of approximately 4.4 billion board feet and offers a diverse line of lumber products to customers around the world.