Interfor Co. (TSE:IFP – Get Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as C$15.10 and last traded at C$15.07, with a volume of 172676 shares. The stock had previously closed at C$14.04.
Analysts Set New Price Targets
A number of research firms have issued reports on IFP. Raymond James Financial boosted 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 boosted their price target on Interfor from C$14.00 to C$16.00 and gave the company a “hold” rating in a research note on Monday, August 10th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Interfor has an average rating of “Moderate Buy” and a consensus target price of C$13.50.
View Our Latest Report on Interfor
Interfor Price Performance
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.
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