Shares of Interfor Co. (TSE:IFP) have been assigned a consensus rating of “Buy” from the six brokerages that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is C$29.90.
Several equities research analysts have recently commented on IFP shares. CIBC increased their price objective on Interfor from C$28.00 to C$32.00 in a report on Monday, March 19th. Raymond James increased their price objective on Interfor from C$31.00 to C$34.50 in a report on Tuesday, April 10th. Finally, Scotiabank increased their price objective on Interfor from C$29.00 to C$30.00 and gave the company an “outperform” rating in a report on Friday, May 4th.
In other Interfor news, insider Barton Bender purchased 2,900 shares of the business’s stock in a transaction on Thursday, June 14th. The stock was acquired at an average price of C$24.04 per share, with a total value of C$69,716.00.
Interfor (TSE:IFP) last released its quarterly earnings data on Thursday, May 3rd. The company reported C$0.52 EPS for the quarter. The company had revenue of C$527.60 million during the quarter. Interfor had a return on equity of 17.37% and a net margin of 6.79%.
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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