Brokerages Set Interfor Co. (TSE:IFP) PT at C$13.50

Shares of Interfor Co. (TSE:IFP) have received a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is C$14.17.

Several equities research analysts recently commented on IFP shares. Raymond James Financial upgraded Interfor from a “moderate buy” rating to a “strong-buy” rating and upped their target price for the company from C$17.00 to C$21.00 in a research report on Tuesday, September 15th. TD upped their price objective on shares of Interfor from C$14.00 to C$16.00 and gave the company a “hold” rating in a report on Monday, August 10th.

Interfor Trading Down 2.5%

IFP opened at C$14.63 on Friday. Interfor has a 1-year low of C$7.05 and a 1-year high of C$15.74. The company has a current ratio of 1.96, a quick ratio of 1.15 and a debt-to-equity ratio of 71.48. The company has a market cap of C$962.17 million, a P/E ratio of -2.17 and a beta of 1.75. The company’s 50 day moving average is C$13.80 and its 200-day moving average is C$11.55.

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.