Several other brokerages have also commented on IFP. BMO Capital Markets decreased their price target on Interfor from C$24.00 to C$18.00 in a research note on Friday, October 19th. TD Securities decreased their price target on Interfor from C$27.00 to C$24.00 and set an average rating on the stock in a research note on Monday, November 12th. Royal Bank of Canada decreased their price target on Interfor from C$25.00 to C$20.00 in a research note on Tuesday, January 8th. Finally, Raymond James reaffirmed a strong-buy rating and issued a C$28.00 price target on shares of Interfor in a research note on Wednesday, December 12th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of Buy and a consensus price target of C$23.33.
Shares of TSE:IFP opened at C$15.54 on Monday. The company has a current ratio of 3.31, a quick ratio of 2.10 and a debt-to-equity ratio of 26.28. Interfor has a 52-week low of C$13.26 and a 52-week high of C$27.27.
In other news, insider Martin Leb Juravsky bought 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 13th. The shares were purchased at an average price of C$14.79 per share, with a total value of C$103,530.00.
Interfor Company Profile
Interfor Corporation, together with its subsidiaries, produces wood products. The company offers commodity structural lumber products; and specialty products, such as decking and siding products, machine stress rated products, industrial timber products, and various appearance grade items. It also provides wood chips and other residuals.
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