Interfor Co. (TSE:IFP) Stock Rated “Moderate Buy” by Wall Street Analysts

Shares of Interfor Co. (TSE:IFP) have been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$14.00.

Several equities analysts have weighed in on the company. TD dropped their price target on Interfor from C$16.00 to C$15.00 and set a “hold” rating for the company in a research report on Wednesday. Raymond James Financial upgraded Interfor from a “moderate buy” rating to a “strong-buy” rating and upped their price objective for the company from C$17.00 to C$21.00 in a research report on Tuesday, September 15th.

Interfor Stock Down 1.4%

Shares of TSE IFP opened at C$12.76 on Thursday. The firm’s 50-day moving average is C$14.18 and its two-hundred day moving average is C$12.18. The company has a market capitalization of C$839.19 million, a PE ratio of -1.89 and a beta of 1.58. Interfor has a 12-month low of C$7.05 and a 12-month high of C$15.74. The company has a debt-to-equity ratio of 71.48, a current ratio of 1.96 and a quick ratio of 1.15.

Interfor (TSE:IFP) last issued its quarterly earnings data on Thursday, August 6th. The company reported C$0.02 earnings per share for the quarter. Interfor had a negative net margin of 13.98% and a negative return on equity of 30.64%. The business had revenue of C$804.40 million during the quarter. Equities analysts anticipate that Interfor will post 2.86 EPS for the current fiscal year.

Interfor Company Profile

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.