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

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Shares of Interfor Co. (TSE:IFP) have been assigned a consensus rating of “Buy” from the six brokerages that are currently covering the firm, 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.

Shares of Interfor traded up C$0.06, hitting C$24.21, during trading hours on Thursday, according to The company had a trading volume of 145,136 shares, compared to its average volume of 296,914. Interfor has a 1-year low of C$17.01 and a 1-year high of C$27.27.

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.

Analyst Recommendations for Interfor (TSE:IFP)

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