Interfor Co. (TSE:IFP) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Interfor Co. (TSE:IFP) have received a consensus rating of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$13.50.

IFP has been the topic of a number of analyst reports. TD increased their target price on shares of Interfor from C$14.00 to C$16.00 and gave the stock a “hold” rating in a research report on Monday, August 10th. Raymond James Financial boosted their price target on Interfor from C$13.00 to C$17.00 and gave the company an “outperform” rating in a research note on Monday, July 27th.

Interfor Stock Down 0.6%

IFP opened at C$14.08 on Friday. Interfor has a fifty-two week low of C$7.05 and a fifty-two week high of C$15.28. The company has a debt-to-equity ratio of 71.48, a quick ratio of 1.15 and a current ratio of 1.96. The company has a market capitalization of C$926.00 million, a P/E ratio of -2.09 and a beta of 1.75. The stock has a fifty day moving average of C$13.57 and a 200-day moving average of C$11.37.

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.