Interfor Co. (TSE:IFP) Stock Has Consensus Target Price of C$14.00

Interfor Co. (TSE:IFP) has received an average recommendation of “Moderate Buy” from the six research firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$14.00.

A number of brokerages have commented on IFP. TD decreased their target price on Interfor from C$16.00 to C$15.00 and set a “hold” rating for the company in a research note on Wednesday, October 14th. Raymond James Financial raised Interfor from a “moderate buy” rating to a “strong-buy” rating and lifted their price target for the company from C$17.00 to C$21.00 in a research note on Tuesday, September 15th.

Interfor Stock Down 8.2%

TSE IFP opened at C$13.52 on Monday. The firm has a market capitalization of C$889.17 million, a price-to-earnings ratio of -2.01 and a beta of 1.41. Interfor has a 52 week low of C$7.05 and a 52 week high of C$15.74. The company has a quick ratio of 1.15, a current ratio of 1.96 and a debt-to-equity ratio of 71.48. The company has a fifty day moving average of C$13.95 and a two-hundred day moving average of C$11.83.

Interfor (TSE:IFP) last announced its earnings results on Thursday, November 5th. The company reported C($0.69) EPS for the quarter. Interfor had a negative net margin of 13.98% and a negative return on equity of 30.64%. The firm had revenue of C$832.10 million for the quarter. On average, analysts predict that Interfor will post 2.86 earnings per share for the current year.

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.