Interfor (TSE:IFP – Free Report) had its target price cut by TD from C$16.00 to C$15.00 in a report released on Wednesday morning,BayStreet reports. They currently have a hold rating on the stock.
Separately, Raymond James Financial raised Interfor from a “moderate buy” rating to a “strong-buy” rating and increased their price target for the company from C$17.00 to C$21.00 in a research report on Tuesday, September 15th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$14.00.
Read Our Latest Analysis on Interfor
Interfor Stock Performance
Shares of Interfor stock opened at C$12.46 on Wednesday. The company has a market cap of C$819.46 million, a PE ratio of -1.85 and a beta of 1.58. Interfor has a 52 week low of C$7.05 and a 52 week high of C$15.74. The business has a 50 day moving average price of C$14.14 and a 200-day moving average price of C$12.20. The company has a quick ratio of 1.15, a current ratio of 1.96 and a debt-to-equity ratio of 71.48.
Interfor (TSE:IFP – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported C$0.02 earnings per share for the quarter. The company had revenue of C$804.40 million for the quarter. Interfor had a negative return on equity of 30.64% and a negative net margin of 13.98%. Equities analysts anticipate that Interfor will post 2.86 earnings per share for the current fiscal 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.
Further Reading
- Five stocks we like better than Interfor
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Receive News & Ratings for Interfor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interfor and related companies with MarketBeat.com's FREE daily email newsletter.
