Interfor (IFP) Given New C$32.00 Price Target at CIBC

Interfor (TSE:IFP) had its price target boosted by CIBC from C$28.00 to C$32.00 in a research report sent to investors on Monday morning.

IFP has been the topic of several other research reports. Royal Bank of Canada boosted their price objective on Interfor from C$26.00 to C$28.00 and gave the company an outperform rating in a report on Monday, February 12th. Raymond James Financial boosted their price objective on Interfor from C$29.00 to C$31.00 in a report on Tuesday, January 30th. Finally, Scotiabank boosted their price objective on Interfor from C$24.00 to C$25.00 and gave the company an outperform rating in a report on Friday, February 9th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of C$28.20.

Shares of Interfor stock opened at C$23.68 on Monday. Interfor has a 1 year low of C$16.21 and a 1 year high of C$25.84. The company has a market capitalization of $1,660.00, a price-to-earnings ratio of 17.04 and a beta of 2.29.

Interfor (TSE:IFP) last posted its quarterly earnings data on Thursday, February 8th. The company reported C$0.64 earnings per share (EPS) for the quarter. The firm had revenue of C$532.78 million for the quarter. Interfor had a return on equity of 17.37% and a net margin of 6.79%.

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About Interfor

Interfor Corporation is a Canada-based lumber provider. The Company and its subsidiaries produce wood products in British Columbia, the United States Northwest and the United States South for sale to markets around the world. The Company operates through solid wood segment. The Company offers a range of products, including Clear Cedar Finger Joint Bevel Siding, Clear Cedar Solid Bevel Siding, Clear Cedar V-Joint Paneling, Dimension Lumber, Elite Cedar 5/4 Radius Edge Decking, Elite Cedar V-Joint Paneling, Elite Knotty Cedar Decking, Fineline Paneling, Japan Zairai-Beams, Japan Zairai-Ground Sill, Japan Zairai-Posts, Japan Zairai-Roof Structure, Japan Zairai-Small Structural, Reserve Boards, Reserve End-Matched Paneling, Reserve Lodgepole Pine Paneling, Reserve V-Joint Decking, Special Appearance Grade Cedar Timbers, Reserve Ponderosa Pine Paneling and Studs.

Analyst Recommendations for Interfor (TSE:IFP)

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