Interfor Co. (TSE:IFP) Given Average Recommendation of “Moderate Buy” by Brokerages

Interfor Co. (TSE:IFP – Get Free Report) has been given an average rating of “Moderate Buy” by the six ratings firms that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$13.50.

Several analysts have recently commented on IFP shares. Raymond James Financial upped their price objective on shares of Interfor from C$13.00 to C$17.00 and gave the company an “outperform” rating in a report on Monday, July 27th. TD increased their price target on Interfor from C$14.00 to C$16.00 and gave the stock a “hold” rating in a research report on Monday, August 10th.

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Interfor Price Performance

Shares of TSE:IFP opened at C$14.04 on Wednesday. Interfor has a twelve month low of C$7.05 and a twelve month high of C$15.09. The company’s 50 day moving average is C$12.78 and its 200 day moving average is C$10.98. 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$923.37 million, a PE ratio of -2.08 and a beta of 1.63.

Interfor Company Profile

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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.

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