Interfor Co. (TSE:IFP) Receives Consensus Rating of “Moderate Buy” from Brokerages

Interfor Co. (TSE:IFP) has received an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$13.50.

IFP has been the topic of several research reports. Raymond James Financial boosted their price objective on shares of Interfor from C$13.00 to C$17.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. TD upped their price target 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 Up 0.1%

Shares of IFP stock opened at C$14.04 on Wednesday. The company’s fifty day simple moving average is C$12.78 and its two-hundred day simple moving average is C$10.98. Interfor has a 1 year low of C$7.05 and a 1 year high of C$15.09. The stock has a market capitalization of C$923.37 million, a price-to-earnings ratio of -2.08 and a beta of 1.63. The company has a debt-to-equity ratio of 71.48, a current ratio of 1.96 and a quick ratio of 1.15.

Interfor Company Profile

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.